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OCC BULLETIN 1995-16
Subject: Appraisals: Affordable Housing Loans and Market Value
Date: March 16, 1995
To: Chief Executive Officers of all National Banks, Department and Division Heads, and all Examining Personnel
Description: Interagency Policy Statement; Press Release
Attached for your information are a press release and an interagency statement clarifying the position of the Office of the Comptroller of the Currency and the other federal financial regulatory agencies on the use of appraisals for affordable housing loans.
For further information: contact the Office of the Chief National Bank Examiner, Credit and Management Policy Division, (202) 649-6670.
Jimmy F. Barton