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Interagency Appraisal and Evaluation Guidelines

Interagency Appraisal and Evaluation Guidelines (December 2, 2010) Interagency Appraisal and Evaluation Guidelines Table of Contents I. Purpose .. 1 II. Background .. 1 III. Supervisory Policy .. 2 IV. Appraisal and Evaluation Program .. 2 V. Independence of the Appraisal and Evaluation Program .. 3 VI. Selection of Appraisers or Persons Who Perform Evaluations .. 5 A. Approved Appraiser List .. 6 B. Engagement Letters .. 6 VII. Transactions That Require Appraisals .. 7 VIII. Minimum Appraisal Standards .. 7 IX. Appraisal Development.

Dec 02, 2010 · the appraisal or evaluation function although it may be sound business practice to ensure no single person has the sole authority to make credit decisions involving loans on which the person ordered or reviewed the appraisal or evaluation. 55 FR 5614, 5618 (February 16, 1990), 55 FR 30193, 30206 (July 25, 1990). Page 3 of 45

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