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Financial Institution Letters

October 24, 2016

Regulatory Relief

Exception from Appraisal Requirements in Certain Disaster Areas in Louisiana

Printable Format:

FIL-70-2016 - PDF (PDF Help)


The FDIC is providing flexibility relative to appraisal requirements to financial institutions in major disaster areas in Louisiana due to severe storms and flooding.

Statement of Applicability to Institutions With Total Assets Under $1 Billion: This Financial Institution Letter applies to all FDIC-supervised institutions with loans secured by real estate in the affected areas.



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FDIC Financial Institution Letters (FILs) may be accessed from the FDIC's website at

To receive FILs electronically, please visit

Paper copies may be obtained through the FDIC's Public Information Center, 3501 Fairfax Drive, E-1002, Arlington, VA 22226 (1-877-275-3342 or 703-562-2200).

1 Major Disaster Declaration DR-4277 available at