Real Estate Appraisals: Hearing Before the Subcommittee on General Oversight, Investigations, and the Resolution of Failed Financial Institutions of the Committee on Banking, Finance, and Urban Affairs, House of Representatives, One Hundred Third Congress, Second Session, March 1, 1994, Volume 4Distributed to some depository libraries in microfiche. |
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1-4 family residential 1-4 Mortgages appraisal fees Appraisal Foundation Appraisal Institute appraisal practices appraisal regulation appraisal report appraisal requirements appraisal standards appraisal threshold appraisals and evaluations Association bank regulators bankers banks and thrifts billion Book Value borrowers business loans certified appraisers Chairman FLAKE commercial banks Commercial Loans commercial real estate Conservatorships Consumer Loans December 31 delinquent Departure Provision deposit insurance funds dollar Fannie Mae FDIC FIRREA Freddie Mac increase issue lenders licensed and certified licensed appraisers licensed or certified Loan Servicing losses minimis threshold mortgage loans Non-Performing Loans percent portfolio professional appraisal proposed raising the threshold real estate appraisals real estate loans real estate transactions Receiverships regulatory agencies residential appraisal residential loans residential mortgage residential properties Resolution Trust Corporation risk safety and soundness secondary market secondary mortgage market small business Subcommittee survey threshold level Title XI appraisal underwriting uniform standards USPAP valuation
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Page 15 - The Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation...
Page 251 - I hope this information will be helpful to you, and if I can be of any further assistance, please do not hesitate to call on me.
Page 78 - In developing a real property appraisal, an appraiser must observe the following specific appraisal guidelines: (a) consider the effect on use and value of the following factors: existing land use regulations, reasonably probable modifications of such land use regulations, economic demand, the physical adaptability of the real estate...
Page 101 - The purpose of this title is to provide that Federal financial and public policy interests in real estate related transactions will be protected by requiring that real estate appraisals utilized in connection with federally related transactions are performed in writing, in accordance with uniform standards, by individuals whose competency has been demonstrated and whose professional conduct will be subject to effective supervision.
Page 119 - Adjudication ("OFIA") means the executive body charged with overseeing the administration of administrative enforcement proceedings of the Office of the Comptroller of the Currency ("OCC"), the Board of Governors of the Federal Reserve Board ("FRB"), the FDIC, the Office of Thrift Supervision ("OTS") and the National Credit Union Administration ("NCUA").
Page 207 - System ("FRB"), the Office of the Comptroller of the Currency ("OCC"), the Federal Deposit Insurance Corporation ("FDIC"), the Office of Thrift Supervision ("OTS"), and the National Credit Union Administration ("NCUA").
Page 70 - Web site, the council is a formal interagency body empowered to prescribe uniform principles, standards, and report forms for the federal examination of financial institutions by the board of governors of the Federal Reserve System (FRB), the Federal Deposit Insurance Corporation (FDIC), the National Credit Union Administration (NCUA), the Office of the Comptroller of the Currency (OCC), and the Office of Thrift Supervision (OTS) and to make recommendations to promote uniformity in the supervision...
Page 143 - to provide that Federal financial and public policy interests in real estate related transactions will be protected by requiring that real estate appraisals utilized in connection with federally related transactions are performed in writing, in accordance with uniform standards, by individuals whose competency has been demonstrated and whose professional conduct will be subject to effective supervision.
Page 27 - I will be glad to respond to your questions. [The prepared statement follows:] TESTIMONY OF JAMES H.
Page 241 - Real estate-related financial transaction means any transaction involving: (1) The sale, lease, purchase, investment in or exchange of real property, including interests in property, or the financing thereof; or (2) The refinancing of real property or interests in real property; or (3) The use of real property or interests in property as security for a loan or investment, including mortgagebacked securities.