Bankowość i finanse · 19/12/2014
NCUA Revises Appraisal Regulations for Credit Unions
The NCUA Board is revising its appraisal regulations as part of the Regulatory Modernization Initiative, eliminating a duplicative requirement and expanding an exemption for certain transactions involving an existing extension of credit, allowing federally insured credit unions to refinance or modify loans without another appraisal.
Source: Federal Register — National Credit Union AdministrationOpen original release →