Connecticut Finalizes Evaluation Rules for Federally Regulated Financial Institutions

Appraisers in Connecticut may now perform evaluations for federally regulated financial institutions when an appraisal is not required, according to new rules that were finalized by the Connecticut Department of Consumer Protection on Sept. 30. Evaluations may be prepared outside the scope of the Uniform Standards of Professional Appraisal Practice and in accordance with the Interagency Appraisal and Evaluation Guidelines.