Three more federal bodies join the Appraisal Subcommittee
What the document says“by inserting ``the Department of Veterans Affairs, the Rural Housing Service of the Department of Agriculture, the Department of Housing and Urban Development,'' after ``Financial Protection,''.”
The section amends section 1011 of the Federal Financial Institutions Examination Council Act of 1978 to add the Department of Veterans Affairs, the Rural Housing Service of the Department of Agriculture, and the Department of Housing and Urban Development to the bodies named in the first sentence.
What the document actually says“by inserting ``the Department of Veterans Affairs, the Rural Housing Service of the Department of Agriculture, the Department of Housing and Urban Development,'' after ``Financial Protection,''.”
Three names go into an older law. One is the office for veterans. One is a rural housing office. One is the housing agency.
That sentence names who sits on an appraisal panel. All three of these back home loans. Now they have a seat.
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