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Https://www.federalr Eserve.gov/newsevent S/rr-commpublic/indu Stry-meetings-201310 01.pdf

industry-meetings-20131001.pdf
Preview of https://www.federalr eserve.gov/newsevent s/rr-commpublic/indu stry-meetings-201310 01.pdf
🔗 Source: federalreserve.gov
📊 Size: 57 KB
👤 Author: Mandie Aubrey
⬇️ Downloads: 51

Summary

The Federal Reserve Board issued a supplemental proposal to exempt certain transactions from higher-priced mortgage loan (HPML) appraisal requirements, including small dollar loans, streamlined refinance loans, and loans secured by existing manufactured homes. The proposal was issued in response to comments received on the January 2013 Final Rule, which implemented appraisal requirements for HPMLs under the Dodd-Frank Act. The Board conducted public outreach meetings to inform the rulemaking process, discussing concerns about consumer protection, appraisal methodologies, and valuation practices for manufactured homes.

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The Federal Reserve Board issued a supplemental proposal to exempt certain transactions from higher-priced mortgage loan (HPML) appraisal requirements,...

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  • File Format: PDF
  • File Size: 57 KB
  • Pages: 7
  • Language: EN
  • Author: Mandie Aubrey
  • Total Downloads: 51
  • Last Updated: 3 months ago

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