appraisal requirement in a sentence
1) The Agencies therefore have exempted these transactions from the second appraisal requirement .
appraisal collocations
2) The creditor must establish procedures for identifying mortgages subject to the new appraisal requirements .
3) However, the Agencies note that the additional appraisal requirement is mandated by statute.
appraisal requirement example sentences
4) By contrast, the ECOA appraisal notice requirement does not apply to subordinate-lien loans.5) Exemption for HPMLs secured by properties in rural counties from the additional appraisal requirement .
6) Commenters suggested that the additional appraisal requirement could deter some creditors from extending HPML credit.
7) Part 323 grants an exemption to the appraisal requirement for real estate-related financial transactions of $250,000 or less.
8) The appraiser performs the appraisal in accordance with the contract SOW, Agency appraisal requirements , and USPAP.
9) Accordingly, the Agencies proposed an exemption to the additional appraisal requirement for some threshold increase in the price.
10) With limited and no appraisal requirements , purchasing or refinancing your low va home mortgage rates with no down payment.
11) The Agency reviewer should be especially diligent in reviewing these appraisals to ensure they meet USPAP and Agency appraisal requirements .
12) As noted, the safe harbor is being adopted to address compliance uncertainties for creditors raised by the general appraisal requirements .
13) The Agencies received over fifty comments concerning the questions asked by the Agencies about appropriate exemptions from the additional appraisal requirement .
14) The COR (usually the State Appraiser) will discuss appraisal requirements with the appraiser and answer questions about the assignment.
15) The interior appraisal requirement therefore is unlikely to cause a significant adverse effect on consumers' access to this kind of credit.
example sentences with appraisal requirement
16) Instead, less formal evaluations of the real estate may suffice for transactions that are exempt from the agencies' appraisal requirements .17) The Agencies do not believe that these potential negative impacts would be outweighed by consumer protections afforded by the additional appraisal requirement .
18) Thus, the Agencies believe the statute intended to apply the appraisal requirements to some loans that are not secured by land.
19) As discussed above, the final rule implements section 1471 of the Dodd-Frank Act, which establishes appraisal requirements for certain HPMLs.
20) Therefore, the cost of creditor compliance with the second appraisal requirement (including due diligence) will not be present for these transactions.
21) Finally, the Agencies considered alternatives to the scope of the second appraisal requirement for HPMLs on properties being resold within 180 days.
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