FFIEC Subcommittee Solicits Comment on AMC Registry Fee Proposal (Fed. Reg.)

The Appraisal Subcommittee ("ASC") of the Federal Financial Institutions Examination Council ("FFIEC") requested comments on a proposal to (i) establish the annual appraisal management company ("AMC") registry fee and (ii) interpret the phrase "working for or contracting with" in accordance with the Dodd-Frank Act Section 1109. The proposed ASC rule was published in the Federal Register.

Comments on the proposal must be submitted by July 19, 2016.