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Higher-Priced Mortgage Loans National Credit Union Administration Fair Housing Finance Agency

Goodwin

Federal Regulators Amend Appraisal Requirements for Higher-Priced Mortgages

Goodwin on

Collectively, the FDIC, the OCC, FRB, CFPB, NCUA, FHFA and HUD finalized the rule governing appraisal requirements for higher-priced mortgage loans. In August 2013, the federal regulators issued a proposal to amend Regulation...more

Ballard Spahr LLP

Federal financial regulatory agencies propose appraisal requirement exemptions for certain higher-priced mortgage loans

Ballard Spahr LLP on

The CFPB, Federal Reserve Board, FDIC, FHFA, NCUA, and OCC published in the Federal Register on August 8, 2013 proposed rules creating several exemptions to the appraisal requirements for higher-priced mortgage loans....more

Perkins Coie

Financial Services Bulletin: Agencies Issue New Mortgage Rules

Perkins Coie on

On Friday, January 18, 2013, the Board of Governors of the Federal Reserve System (the “Fed”), the Consumer Financial Protection Bureau (the "CFPB"), the Federal Deposit Insurance Corporation (the “FDIC”), the Federal Housing...more

Orrick - Finance 20/20

Joint Rule on Appraisals for Higher-Priced Mortgage Loans

Orrick - Finance 20/20 on

On January 18, the Fed, CFPB, FDIC, FHFA, NCUA and OCC issued a joint final rule, effective January 18, 2014, which establishes new appraisal requirements for “higher-priced mortgage loans”....more

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