Law360, New York (November 14, 2008) -- Five U.S. financial regulators have proposed stricter guidelines for lenders' real estate appraisal practices, responding to the housing bubble's implosion and the nation's financial crisis.
The regulators issued a joint statement Thursday asking for public comment within 60 days for the guidelines, which would replace 1994 appraisal rules. The new guidelines tighten appraisal standards and...
