Bankowość · 13/02/2013

FDIC, FHFA, and Regulators Issue Final Rule for Appraisals on Higher-Risk Mortgages

The Federal Deposit Insurance Corporation (FDIC), Federal Housing Finance Agency (FHFA), and other regulatory agencies are implementing a new rule requiring appraisals for mortgages with high annual percentage rates, as mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act.