Appraisal requirements.

CFR · 2024-01-01 · US · Title 12

(a) (i) An appraisal in accordance with subpart C of this part; or (ii) An appropriate evaluation when the recorded investment amount is equal to or less than the threshold amount in subpart C of this part. (2) A national bank or Federal savings association shall develop a prudent real estate collateral evaluation policy that allows the bank or savings association to monitor the value of each parcel of OREO in a manner consistent with prudent banking practice. (b) (c)

official document · source cfr-2024 · id 12:§ 34.85