Sentences with phrase «impose appraisal requirements»

The Federal Reserve Board, along with five other federal regulatory agencies, issued a final rule to impose appraisal requirements for loans secured by a borrower's home and bearing interest rates higher than the average prime offer rate (APOR) for comparable properties and mortgages.

The Federal Reserve Board has joined with five other federal regulatory agencies in proposing a new rule to impose appraisal requirements for loans secured by a borrower's home and bearing interest rates higher than the average prime offer rate (APOR) for comparable properties and mortgages.

Not exact matches

An early and realistic appraisal of any case is essential to allow well informed decisions as to its merit and commercial value but imposing the requirement to do that «up front», as part of a formal pre-action protocol procedure or through early stages of a court - driven case management system, is not always the most efficient way to achieve it, particularly in larger cases.

Appraisers in all areas of appraisal practice seeking updated competency in USPAP, including those subject to state licensing or certification and continuing education requirements imposed by professional organizations, client groups, or employers, will benefit from the content presented in the course.