38 CFR 36.4343 - Restriction on designated fee appraisers.

§ 36.4343 Restriction on designated fee appraisers.
(a) A designated fee appraiser shall not make an appraisal, excepting of alterations, improvements, or repairs to real property entailing a cost of not more than $3,500, if such appraiser is an officer, director, trustee, employer, or employee of the lender, contractor, or vendor.
(b) An appraisal made by a designated fee appraiser shall be subject to review and adjustment by the Secretary. The amount determined to be proper upon any such review or adjustment shall constitute the “reasonable value” for the purpose of determining the eligibility of the related loan.

Title 38 published on 2014-07-01.

No entries appear in the Federal Register after this date, for 38 CFR Part 36.

Title 38 published on 2014-07-01

The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 38 CFR Part 36 after this date.

  • 2015-01-29; vol. 80 # 19 - Thursday, January 29, 2015
    1. 80 FR 4812 - Loan Guaranty: Adjustable Rate Mortgage Notification Requirements and Look-Back Period
      GPO FDSys XML | Text
      Proposed rule.
      Comments must be received by VA on or before March 30, 2015.
      38 CFR Part 36