dockets: OCC-2013-0009

Regulatory dockets from Regulations.gov — containers for related documents and comments in a rulemaking proceeding.

Data license: Public Domain (U.S. Government data) · Data source: Federal Register API & Regulations.gov API

This data as json

id agency_id title docket_type last_modified object_id rin dkabstract category subtype keywords program short_title effective_date organization attrs_raw attr_source
OCC-2013-0009 OCC Appraisals for Higher-Priced Mortgage Loans - Supplemental Proposal Rulemaking 2017-05-05T01:00:45Z 0b00006481345856 1557-AD70 The Board, Bureau, FDIC, FHFA, NCUA, and OCC (collectively, the Agencies) are proposing to amend Regulation Z, which implements the Truth in Lending Act (TILA), and the official interpretation to the regulation. This proposal relates to a final rule issued by the Agencies on January 18, 2013 (2013 Interagency Appraisals Final Rule or Final Rule), which goes into effect on January 18, 2014. The Final Rule implements a provision added to TILA by the Dodd-Frank Wall Street Reform and Consumer Protection Act (the Dodd-Frank Act or Act) requiring appraisals for ``higher-risk mortgages.'' For certain mortgages with an annual percentage rate that exceeds the average prime offer rate by a specified percentage, the Final Rule requires creditors to obtain an appraisal or appraisals meeting certain specified standards, provide applicants with a notification regarding the use of the appraisals, and give applicants a copy of the written appraisals used. The Agencies are proposing amendments to the Final Rule implementing these requirements; specifically, the Agencies are proposing exemptions from the rules for: transactions secured by existing manufactured homes and not land; certain ``streamlined'' refinancings; and transactions of $25,000 or less.     ["appraisals"]         {"displayProperties": [], "keywords": ["appraisals"], "modifyDate": "2017-05-05T01:00:45Z", "dkAbstract": "The Board, Bureau, FDIC, FHFA, NCUA, and OCC (collectively, \r\nthe Agencies) are proposing to amend Regulation Z, which implements the \r\nTruth in Lending Act (TILA), and the official interpretation to the \r\nregulation. This proposal relates to a final rule issued by the \r\nAgencies on January 18, 2013 (2013 Interagency Appraisals Final Rule or \r\nFinal Rule), which goes into effect on January 18, 2014. The Final Rule \r\nimplements a provision added to TILA by the Dodd-Frank Wall Street \r\nReform and Consumer Protection Act (the Dodd-Frank Act or Act) \r\nrequiring appraisals for ``higher-risk mortgages.'' For certain \r\nmortgages with an annual percentage rate that exceeds the average prime \r\noffer rate by a specified percentage, the Final Rule requires creditors \r\nto obtain an appraisal or appraisals meeting certain specified \r\nstandards, provide applicants with a notification regarding the use of \r\nthe appraisals, and give applicants a copy of the written appraisals \r\nused. The Agencies are proposing amendments to the Final Rule \r\nimplementing these requirements; specifically, the Agencies are \r\nproposing exemptions from the rules for: transactions secured by \r\nexisting manufactured homes and not land; certain ``streamlined'' \r\nrefinancings; and transactions of $25,000 or less.", "agencyId": "OCC", "program": null, "shortTitle": null, "subType2": null, "title": "Appraisals for Higher-Priced Mortgage Loans - Supplemental Proposal", "generic": null, "field1": null, "docketType": "Rulemaking", "petitionNbr": null, "rin": "1557-AD70", "organization": null, "legacyId": null, "subType": null, "category": null, "field2": null, "effectiveDate": null, "objectId": "0b00006481345856"} single_get

Links from other tables