Temporary rules established to counter the financial impact of the coronavirus crisis – on real estate appraisals and evaluations, and the impact on regulatory capital of participating in special lending facilities – were made final […]
Recent changes in credit unions’ federal appraisal requirements and changes specifically affecting federally backed mortgage loans – most of them responding to disruptions brought by the coronavirus pandemic – are detailed in a new letter […]
A proposed rule raising the threshold for mandatory appraisals on residential real estate from $250,000 to $400,000 – which would match, if approved, the appraisal level set by federal banking agencies just last month – […]
The federal regulator of credit unions on Thursday approved recent changes to a Texas regulation on credit union member business lending (MBL), action that affirms the Texas regulator’s MBL regulation remains consistent with NCUA rules. […]
Federally insured credit unions would no longer need appraisals for certain commercial real estate loans of less than $1 million, up from the current threshold of $250,000, under a proposed rule issued Sept. 20 by […]
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