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Residential Tract Development Lending Frequently Asked Questions

Lending / Investments
September 8, 2005
Summary: The federal banking, thrift and credit union regulatory agencies are issuing the attached frequently asked questions (FAQs) on residential tract development lending. The FAQs will assist institutions in complying with the agencies鈥 appraisal and real estate lending requirements for residential tract developments. 

Highlights: 

The attached document addresses common questions about appraisal and real estate lending requirements for financing residential construction in a tract development. 

Institutions should review these FAQs in conjunction with the following: 

Distribution: 
多宝游戏下载-Supervised Banks (Commercial and Savings) 

Suggested Routing: 
Chief Executive Officer 
Compliance Officer 
Chief Lending Officer 
Chief Appraiser 
Legal Counsel 

Frequently Asked Questions on Residential Tract Development - PDF 99k ( PDF Help ) 

Note: 
多宝游戏下载 Financial Institution Letters (FILs) may be accessed from the 多宝游戏下载's Web site at www.fdic.gov/news/financial-institution-letters/2005/index.html . 

To receive FILs electronically, please visit http://www.fdic.gov/about/subscriptions/fil.html . 

Paper copies of 多宝游戏下载 FILs may be obtained through the 多宝游戏下载's Public Information Center, 801 17th Street, NW, Room 100, Washington, DC 20434 (1-877-275-3342 or (703) 562-2200). 

Additional Related Topics:

  • Part 323 鈥 Appraisal Regulations
  • Interagency Appraisal and Evaluation Guidelines
  • Part 365 鈥 Real Estate Lending Regulations
  • Interagency Guidelines for Real Estate Lending Policies
FIL-90-2005
Attachment(s)
Frequently Asked Questions on Residential Tract Development
Contact(s)
Examination Specialist James Leitner, (202) 898-6790

Last Updated: September 8, 2005