The Appraisal Institute is crying foul after regulators denied its requests to extend the comment period for the proposed appraisal threshold increase to $250,000 from $100,000, but appraisers are nonetheless optimistic that regulators will give them an opportunity to develop their comments through the holidays.

In separate letters from the Office of the Comptroller of Currency and Office of Thrift Supervision dated Dec. 2, regulators refused to extend the proposed rule's comment period. The OTS letter, signed by William P. Bowden, the agency's chief counsel, advised the institute to make every effort to submit its comments within the established period.

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