Regulation Z - Truth In Lending Act [R-1394]
Request for comment on all aspects of the interim final rule to ensure that real estate appraisers are free to use their independent professional judgement in assigning home values without influence or pressure from those with interests in the transactions. The rule also seeks to ensure that appraisers receive customary and reasonable payments for their services. The interim final rule is required by the Dodd-Frank Act.
* The Board has received more than 324 form letters on this proposal that are not being posted. The attached file (91 KB PDF) contains examples of the content of nine different form letters.