WASHINGTON -- Federal banking and thrift regulators plan to finish a long-awaited relaxation of the real estate appraisal rules today.

As of today, a bank or thrift will not need a certified appraisal on real estate loans under $250,000. The cutoff had been $100,000 since 1990.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.