Appraisal management company definition

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 operational and record-keeping requirements1.

• Appraisal management company mini- mum requirements(a) In generalThe Board of Governors of the Federal Reserve System, the Comptroller of the Currency, the Federal Deposit Insurance Corporation, the Na- tional Credit Union Administration Board, the Federal Housing Finance Agency, and the Bu- reau of Consumer Financial Protection shall jointly, by rule, establish minimum require- ments to be applied by a State in the registra- tion of appraisal management companies.

• Subpart M is added to part 225 to read as follows:Subpart M—Minimum Requirements for Appraisal Management CompaniesSec.225.190 Authority, purpose, and scope.225.191 Definitions.225.192 Appraiser panel.225.193 Appraisal management company registration.225.194 Requirements for Federally regulated appraisal management companies.225.195 Registration limitations.225.196 Information to be presented to the Appraisal Subcommittee by participating States.§ 225.190 Authority, purpose, and scope.(a) Authority.

• Appraisal management company mini- mum requirements(a) In generalThe Board of Governors of the Federal Reserve System, the Comptroller of the Currency, the Federal Deposit Insurance Corporation, the Na- tional Credit Union Administration Board, the Federal Housing Finance Agency, and the Bu- reau of Consumer Financial Protection shalljointly, by rule, establish minimum require- ments to be applied by a State in the registra- tion of appraisal management companies.

• Specifically, we propose that a new clause “other than a person ororganization that meets the definition of “fee appraiser” as that term is defined in paragraph (f)(4)(i)” be added to the existing definition of ―appraisal management company‖ after the phrase ―means any person.‖ The proposed definition ―appraisal management company‖ in Section 226.42(f)(4)(iiii), as revised with our amendment in bold italics, would read as follows: (iii) Appraisal management company.

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 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 means a person that provides appraisal management services.

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.