United States: Federal Register: Regulators Adopt Final Rule Deferring Real Estate Appraisal Requirements - Cadwalader, Wickersham & Taft LLP

The Federal Reserve Board ("FRB"), OCC and FDIC (collectively, the "regulators") final rule that allows financial institutions an additional 120 days following a real estate closing transaction to obtain an appraisal or evaluation of the property was published in the Federal Register.