Bankowość · 05/09/2012

FDIC, FHFA, and Regulators Propose New Appraisal Requirements for Higher-Risk Mortgage Loans

The Federal Deposit Insurance Corporation (FDIC), Federal Housing Finance Agency (FHFA), and other regulatory agencies are proposing changes to Regulation Z, which would require appraisals for higher-risk mortgage loans with annual percentage rates exceeding a certain threshold, as mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act.