Relevant:
2011-02-17 — thelegaldescription.com
"The Federal Reserve Board’s 132-page interim final rule regarding appraisal independence is effective April 1. The hefty rule implements the appraisal independence requirements of the Dodd-Frank Act, brings unwieldy changes for the appraisal industry and replaces the controversial Home Valuation Code of Conduct. It will require complete understanding, full implementation and total compliance by the appraisal industry."
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