Six federal financial regulatory agencies are proposing exemptions for a final rule on appraisal requirements that was imposed by the Dodd-Frank Act and finalized in January 2013, according to a press release from the Federal Reserve Board (see our January 19, 2013, blog post for more information). In response to public comments received regarding the appraisal rule, the new rule would exempt the following three types of higher-priced mortgage loans from the appraisal requirements: "loans of $25,000 or less; certain 'streamlined' refinancings; and certain loans secured by manufactured housing." The agencies — the Consumer Financial Protection Bureau (CFPB), the Federal Deposit Insurance Corporation (FDIC), the Federal Housing Finance Agency (FHFA), the National Credit Union Administration (NCUA) and the Office of the Comptroller of the Currency (OCC) — will accept public comments on all aspects of the proposal until September 9, 2013. For more, including a link to the proposed rule, read the full press release.