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Financial Institution Letter

National Registry of Real Estate Appraisers

SUBJECT: FFIEC's New Internet-Based Listing of Real Estate Appraisers

The Federal Financial Institutions Examination Council's (FFIEC) Appraisal Subcommittee has announced a new Internet-based service that provides an up-to-date listing of state-certified or licensed real estate appraisers eligible to perform real estate appraisals for federally related transactions.

Attached is an advisory letter from the Appraisal Subcommittee about the new service, called the "National Registry of State Certified or Licensed Appraisers."

Nicholas J. Ketcha Jr.

Distribution: FDIC-Supervised Banks (Commercial and Savings)

NOTE: Paper copies of FDIC financial institution letters may be obtained through the FDIC's Public Information Center, 801 17th Street, NW, Room 100, Washington, DC 20434 (800-276-6003 or (703) 562-2200).

Last Updated: August 14, 1998