Biden Administration Announce 60-Day Regulation Freeze to Review Rules

Biden Administration Announces 60-Day Regulation Freeze to Review RulesThe Biden Administration recently announced a 60-day freeze on regulations starting January 20th in order to give his team the necessary time to review any new rules.

According to the release from The White House, President Biden ordered that no new rules can be issued until a member of his administration is appointed to the head of the agency that’s issuing the mandate. The President also requested that all rules not already sent to the Office of the Federal Register should be immediately withdrawn for review and approval by his new administration.

In addition, for rules that have already been published, President Biden has asked departments to consider postponing their effective dates for 60 days from January 20th. Where appropriate, the President ordered that departments should issue a 30-day comment period to gather stakeholder opinions on these rules to help determine if they should be further delayed for additional comment periods.

That said, President Biden did include several exclusions to the regulatory freeze, such as rules that pertain to emergency situations or other urgent circumstances relating to health, safety, environmental, financial, or national security.

For more information, check out The White House’s announcement.


The White House –
HousingWire –


EVO™ Provides Worry-Free Compliance, Guaranteed

No matter what changes occur in the real estate appraisal industry, remaining compliant is always at the forefront of every business, as one mis-step can have catastrophic consequences. Global DMS’ EVO appraisal management software protects your business via our unique Compliance Guarantee Program, which covers all fines in the event a client is found out of compliance but is using the platform’s Best Practice Configuration that’s based on automation. This unique program effectively removes appraisal risk from the equation, while ensuring all EVO users comply with Dodd-Frank’s Section 1471, ECOA’s Regulation B, TILA’s Regulation Z, USPAP, and both the GSEs and FHA’s seller guides.

Global DMS' Compliance Guarantee Program