Interagency Appraisal and Evaluation Guide

“The OCC, FRB, FDIC, OTS, and NCUA are issuing final Interagency Appraisal and Evaluation Guidelines (Guidelines) to provide further clarification of the Agencies’ appraisal regulations and supervisory guidance to institutions and examiners about prudent appraisal and evaluation programs. The Guidelines, including their appendices, update and replace existing supervisory guidance documents to reflect developments concerning appraisals and evaluations, as well as changes in appraisal standards and advancements in regulated institutions’ collateral valuation methods. The Guidelines clarify the Agencies’ longstanding expectations for an institution’s appraisal and evaluation program to conduct real estate lending in a safe and sound manner. Further, the Guidelines promote consistency in the application and enforcement of the Agencies’ appraisal regulations and safe and sound banking practices. The Agencies recognize that revisions to the Guidelines may be necessary to address future regulations implementing the provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.”

You can find the full Guidelines here:


The Appraisal Standards Board has suggested ways for an appraiser to comply with both USPAP and the new Interangency Appraisal and Evaluation Guidelines here: Appraisal Standards Board (ASB): Operating under USPAP and complying with Interagency Appraisal and Evaluation Guidelines