Issuing his own statement on the release of an action plan to promote property appraisal equity, the acting board chairman of the federal bank deposit insurer called the plan “an important step towards addressing barriers […]
Enhancing supervisory methods for identifying discrimination in property valuations, and taking steps to ensure that consumers know their rights regarding appraisals, are among the actions the regulator of national banks plans to take in coming […]
Protecting homebuyers from bias resulting through the use of algorithms applied in property valuations is the aim of “options” released Wednesday by the federal consumer financial protection agency. The Consumer Financial Protection Bureau (CFPB) said […]
Clarifying processes available for federal regulators to consider temporary waiver relief for appraisals by making “a clear distinction” between a request by a state appraiser regulatory agency and via petition by others is the aim […]
Holding banks accountable to solve bias in appraisals is necessary but not sufficient, the acting head of the national regulator of banks said Tuesday. However, he added, the agency does expect banks to ensure their […]
Next year is targeted for the official rollout of a new, modernized examination program from the federal regulator that will phase in applications by credit unions depending on their examination date, according to a briefing […]
Two new fact sheets focusing on appraisals and other valuations and their delivery in home mortgage loan applications were released Thursday by the federal consumer financial protection agency, which said the documents were issued in […]
Title: Real Estate Appraisals Subject: Appraisals (coronavirus response) Agency: NCUA Status: Final rule Summary: The NCUA Board (Board) is adopting as final an interim final rule to temporarily amend its regulations requiring all federally insured […]
New interim final rules for credit unions on a temporary deferment of appraisals and raising the maximum amount of loan participations go into effect Tuesday, when they are scheduled to be published in the Federal […]
Temporary deferrals on real estate-related appraisals and evaluations under federal banking agencies’ interagency appraisal regulations were issued late Tuesday for up to 120 days. The National Credit Union Administration (NCUA) Board is considering a similar […]
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