BN Business News
Add your company to Business Communicator →

Bankowość centralna · 18/04/2025

Temporary Exceptions to FIRREA Appraisal Requirements in Los Angeles County as Affected by California Wildfires and Straight-Line Winds

The Federal agencies have temporarily waived appraisal requirements under the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 for real estate transactions in Los Angeles County, California, following a major disaster declaration due to wildfires and straight-line winds. The exceptions will expire on January 8, 2028, three years after the disaster declaration date.

Source: Federal Register — Federal ReserveOpen original release →