Banking Agencies Issue Two Final Rules

September 29, 2020

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The federal bank regulatory agencies finalized two rules, which are either identical or substantially similar to interim final rules currently in effect and issued earlier this year: the temporary deferment of appraisal and evaluation requirements for up to 120 days after the closing of certain residential and commercial real estate transactions (through December 31, 2020) and the regulatory capital and liquidity rule.

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