Appraisal management company means, in connection with valuing properties collateralizing mortgage loans or mortgages incorporated into a securitization, any external third party that oversees a network or panel of more than fifteen certified or licensed appraisers in this state or twenty-five or more nationally within a given year, that is authorized either by a creditor of a consumer credit transaction secured by a consumer's principal dwelling or by an underwriter or other principal in the secondary mortgage markets that engages in appraisal management services.
Appraisal management company means a person or entity that (i) administers a network of
Appraisal management company means any corporation,
Examples of Appraisal management company in a sentence
Appraisal management company license required - violations - injunction.
Appraisal management company: December 15 of each odd−numbered year.
Appraisal management company operational and record-keeping requirements1.
Oct.1, 2015.Compiler's note: For transfer of powers and duties of certain occupational functions, boards, and commissions from the Department of Licensing and Regulation to the Department of Commerce, see E.R.O. No. 1991-9, compiled at MCL 338.3501 of the Michigan Compiled Laws.338.2238a Appraisal management company; licensure fees.Sec.
Appraisal management company registration renewal$500.00 $400.00 * * * Agency of Education * * * Sec.
More Definitions of Appraisal management company
Appraisal management company means a third party authorized by one of the following persons to broker an appraisal of a dwelling that is collateral for a residential mortgage loan:
Appraisal management company means any corporation, limited liability company, partnership, sole proprietorship, subsidiary, unit, or other business entity that directly or indirectly performs the following appraisal management services:
Appraisal management company means a corporation, partnership, sole proprietorship, subsidiary or other business entity that directly or indirectly performs appraisal management services, regardless of the use of the term "appraisal management company", "mortgage technology provider", "lender processing services", "lender services", "loan processor", "mortgage services", "real estate closing services provider", "settlement services provider", "vendor management company" or any other term, and that does any of the following:
Appraisal management company means a person that provides appraisal management services.
Appraisal management company means an external third party, in connection with valuing properties, collateralizing mortgage loans, or incorporating mortgages into a securitization. The third party must be authorized either by a creditor of a consumer credit transaction secured by a consumer’s principal dwelling or by an underwriter or by other principal in the secondary mortgage markets that oversees a network or panel of more than fifteen certified or licensed appraisers in a state or twenty‑five or more nationally within a given year in order to:
Appraisal management company means a person that oversees an appraiser panel of more than fifteen certified appraisers in this state or twenty-five or more certified or licensed appraisers nationally within a year, and that directly or indirectly performs appraisal management services for creditors or secondary mortgage market participants in connection with consumer credit transactions secured by the principal dwellings of Iowa consumers or securitizations of those transactions.
Appraisal management company or “AMC” means any person or entity defined in Miss. Code Ann. § 73-34-3(m), required to register with MAB under the Mississippi Appraisal Management Company Registration Act.