Amendment conformed HUD's residential real estate appraisal requirements to the appraisal requirements included in the 1989 Financial Institutions Reform, Recovery, and Enforcement Act.

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Amendment Number
651
Description
Amendment conformed HUD's residential real estate appraisal requirements to the appraisal requirements included in the 1989 Financial Institutions Reform, Recovery, and Enforcement Act.
Purpose
An amendment to conform HUD's appraisal requirements to conform to the appraisal requirements included in the 1989 Financial Institutions Reform, Recovery, and Enforcement Act. The amendment would permit HUD to use appraisal services provided by appraisal firms that operate as corporations or partnerships, as long as those firms employ fully qualified appraisers.
Congress
101
Type
HAMDT
Latest Action Date
Jul 31, 1990
Latest Action Text
On agreeing to the Oakar amendment (A019) Agreed to by voice vote.
Latest Action Time
19:11:19
Submitted Date
Jul 31, 1990
Chamber
House of Representatives
Update Date
Jul 1, 2021
Amendment 651 — Informed