Skip to Content

Rule

Appraisal Subcommittee; Appraiser Regulation

Document Details

Information about this document as published in the Federal Register.

Document Statistics
Document page views are updated periodically throughout the day and are cumulative counts for this document including its time on Public Inspection. Counts are subject to sampling, reprocessing and revision (up or down) throughout the day.
Enhanced Content

Relevant information about this document from Regulations.gov provides additional context. This information is not part of the official Federal Register document.

Published Document

This document has been published in the Federal Register. Use the PDF linked in the document sidebar for the official electronic format.

Start Preamble Start Printed Page 43739

AGENCY:

Appraisal Subcommittee of the Federal Financial Institutions Examination Council (ASC).

ACTION:

Final rule amendments.

SUMMARY:

The ASC is adopting nonsubstantive amendments to its regulations. The amendments correct the street address for the ASC's office, which will be moved October 1, 2018, from 1401 H Street NW, Suite 760, Washington, DC 20005, to 1325 G Street NW, Suite 500, Washington, DC 20005.

DATES:

Effective October 1, 2018.

Start Further Info

FOR FURTHER INFORMATION CONTACT:

Alice M. Ritter, General Counsel, at (202) 595-7577 or alice@asc.gov; Appraisal Subcommittee; 1401 H Street NW, Suite 760, Washington, DC 20005.

End Further Info End Preamble Start Supplemental Information

SUPPLEMENTARY INFORMATION:

I. Authority and Section-by-Section Analysis

The ASC, since its creation under Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989, as amended (Title XI), has adopted and amended several regulations that appear at 12 CFR part 1102. These regulations, found in subparts A, B, C, D and E of that part, relate to the ASC's implementation of The Privacy Act of 1974, the Freedom of Information Act, and various sections of Title XI.

On October 1, 2018, the ASC is moving its offices to 1325 G Street NW, Suite 500. Part 1102, as adopted, contains references to the ASC's previous addresses at 2000 K Street and 2100 Pennsylvania Avenue, as well as the present address at 1401 H Street NW. The ASC is amending part 1102 by removing references to the K Street address, the Pennsylvania Avenue address and the H Street address, and replacing it with its new G Street address.

II. Administrative Requirements

A. Notice and Comment Requirements Under 5 U.S.C. 553

The ASC, under 12 U.S.C. 553, is required, among other things, to publish in the Federal Register for public notice and comment a general notice of proposed rulemaking, unless, in accordance with paragraph (b)(3)(B), the agency finds “for good cause . . . that notice and public procedure thereon are impracticable, unnecessary, or contrary to the public interest.” The ASC finds that notice and procedure are unnecessary in connection with these rule amendments because they are nonsubstantive and essentially are nomenclature changes, as that term is defined in the Federal Register Document Drafting Handbook, page 2-33, Revision 7 (May 15, 2018).

Start List of Subjects

List of Subjects in 12 CFR Part 1102

  • Administrative practice and procedure
  • Appraisers
  • Banks
  • Banking
  • Freedom of information
  • Mortgages
  • Reporting and recordkeeping requirements
End List of Subjects

Text of the Rule

For the reasons set forth in the preamble, title 12, chapter XI of the Code of Federal Regulations is amended as follows:

Start Part

PART 1102—APPRAISER REGULATION

End Part Start Amendment Part

1. The authority citation for part 1102 continues to read as follows:

End Amendment Part Start Authority

Authority: 12 U.S.C. 3348(a), 3332, 3335, 3338 (a)(4)(B), 3348(c), 5 U.S.C. 552a, 553(e); Executive Order 12600, 52 FR 23781 (3 CFR, 1987 Comp., p. 235).

End Authority Start Amendment Part

2. In part 1102:

End Amendment Part Start Amendment Part

a. Remove the words “2100 Pennsylvania Avenue NW, Suite 200, Washington, DC 20037” wherever they appear and add in their place the words, “1325 G Street NW, Suite 500, Washington, DC 20005”;

End Amendment Part Start Amendment Part

b. Remove the words “2000 K Street NW, Suite 310, Washington, DC 20006” wherever they appear and add in their place the words, “1325 G Street NW, Suite 500, Washington, DC 20005”;

End Amendment Part Start Amendment Part

c. Remove the words “2000 K Street NW, Suite 310, Washington, DC” wherever they appear and add in their place the words, “1325 G Street NW, Suite 500, Washington DC 20005”; and

End Amendment Part Start Amendment Part

d. Remove the words “1401 H Street NW, Suite 760, Washington, DC 20005” wherever they appear and add in their place the words, “1325 G Street NW, Suite 500, Washington, DC 20005”.

End Amendment Part Start Signature

By the Appraisal Subcommittee.

Dated: August 21, 2018.

James R. Park,

Executive Director.

End Signature End Supplemental Information

[FR Doc. 2018-18566 Filed 8-27-18; 8:45 am]

BILLING CODE 6700-01-P