{"abstract":"The Appraisal Subcommittee (ASC) of the Federal Financial Institutions Examination Council invites comment on a proposed rule to implement a framework to govern the ASC's enforcement authority regarding the effectiveness of Appraiser and Appraisal Management Company (AMC) Programs overseen by State Appraiser Regulatory Agencies. The proposed rule would codify the existing compliance review process with modifications. The proposed rule would require an analysis to assess program effectiveness, outline requirements for maintaining effective programs, and authorize the ASC to bring enforcement actions against such agencies that fail to maintain effective programs.","action":"Notice of proposed rulemaking.","agencies":[{"raw_name":"FEDERAL FINANCIAL INSTITUTIONS EXAMINATION COUNCIL","name":"Federal Financial Institutions Examination Council","id":168,"url":"https://www.federalregister.gov/agencies/federal-financial-institutions-examination-council","json_url":"https://www.federalregister.gov/api/v1/agencies/168","parent_id":null,"slug":"federal-financial-institutions-examination-council"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2024/12/06/2024-27698.html","cfr_references":[{"chapter":null,"citation_url":null,"part":1102,"title":12}],"citation":"89 FR 96912","comment_url":null,"comments_close_on":"2025-02-04","correction_of":null,"corrections":[],"dates":"Send comments on or before February 4, 2025.","disposition_notes":null,"docket_ids":["Docket No. AS24-22"],"dockets":[{"supporting_documents":[],"agency_name":"ASC","documents":[{"comment_count":136,"comment_start_date":"2024-12-06","updated_at":"2025-02-15T00:55:59.419-05:00","comment_url":"https://www.regulations.gov/commenton/ASC-2024-0022-0001","allow_late_comments":false,"id":"ASC-2024-0022-0001","comment_end_date":"2025-02-05","regulations_dot_gov_open_for_comment":false}],"supporting_documents_count":0,"id":"ASC-2024-0022","title":"Appraisal Subcommittee Enforcement Authority Regarding the Effectiveness of State Appraiser and Appraisal Management Company Regulatory Programs"}],"document_number":"2024-27698","effective_on":null,"end_page":96935,"executive_order_notes":null,"executive_order_number":null,"explanation":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2024/12/06/2024-27698.xml","html_url":"https://www.federalregister.gov/documents/2024/12/06/2024-27698/appraisal-subcommittee-enforcement-authority-regarding-the-effectiveness-of-state-appraiser-and","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2024-27698?publication_date=2024-12-06","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2024-12-06/2024-27698/mods.xml","not_received_for_publication":null,"page_length":24,"page_views":{"count":1740,"last_updated":"2026-04-05 00:15:04 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2024-12-06/pdf/2024-27698.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2024-27698.pdf?1733406316","publication_date":"2024-12-06","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2024/12/06/2024-27698.txt","regulation_id_number_info":{"3139-AA01":{"issue":"202410","html_url":"https://www.federalregister.gov/regulations/3139-AA01/appraisal-subcommittee-enforcement-authority-regarding-the-effectiveness-of-state-appraiser-and-appr","title":"Appraisal Subcommittee Enforcement Authority Regarding the Effectiveness of State Appraiser and Appraisal Management Company Regulatory Programs","xml_url":"http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=202410&RIN=3139-AA01&operation=OPERATION_EXPORT_XML","priority_category":"Substantive, Nonsignificant"}},"regulation_id_numbers":["3139-AA01"],"regulations_dot_gov_info":{"supporting_documents":[],"regulatory_plan":{"html_url":"https://www.federalregister.gov/regulations/3139-AA01/appraisal-subcommittee-enforcement-authority-regarding-the-effectiveness-of-state-appraiser-and-appr","title":"Appraisal Subcommittee Enforcement Authority Regarding the Effectiveness of State Appraiser and Appraisal Management Company Regulatory Programs"},"comments_count":136,"agency_id":"ASC","comments_url":"https://www.regulations.gov/docketBrowser?rpp=50&so=DESC&sb=postedDate&po=0&dct=PS&D=ASC-2024-0022","supporting_documents_count":0,"docket_id":"ASC-2024-0022","document_id":"ASC-2024-0022-0001","regulation_id_number":"3139-AA01","title":"Appraisal Subcommittee Enforcement Authority Regarding the Effectiveness of State Appraiser and Appraisal Management Company Regulatory Programs","checked_regulationsdotgov_at":"2025-02-16T01:55:03Z"},"regulations_dot_gov_url":null,"significant":false,"signing_date":null,"start_page":96912,"subtype":null,"title":"Appraisal Subcommittee Enforcement Authority Regarding the Effectiveness of State Appraiser and Appraisal Management Company Regulatory Programs","toc_doc":"Appraisal Subcommittee Enforcement Authority Regarding the Effectiveness of State Appraiser and Appraisal Management Company Regulatory Programs","toc_subject":null,"topics":["Administrative practice and procedure","Banks, banking","Banks, banking","Banks, banking","Banks, banking","Freedom of information","Investigations","Licensing and registration","Mortgages","Organization and functions (Government agencies)","Privacy","Reporting and recordkeeping requirements","State and local governments"],"type":"Proposed Rule","volume":89}