Federally related transaction definition

Federally related transaction means any real estate related
Federally related transaction means any real estate-related financial transaction which a federal financial institutions regulatory agency or the Resolution Trust Corporation engages in, contracts for, or regulates, and which requires the services of an appraiser.
Federally related transaction means any real estate-related financial transaction which:

Examples of Federally related transaction in a sentence

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  • Federally related transaction regulations" means regulations established by a federal financial institutions regulatory agency pursuant to Title XI, Sections 1112, 1113 and 1114 of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989, 12 United States Code, Sections 3341 to 3343.[PL 2017, c.

  • In a Federally related transaction, an AMC may engage only a State-certified or State-licensed appraiser.

  • In addition, States must require AMCs to verify that only State-certified or State-licensed appraisers are used when a creditor or secondary mortgage market participant engages in a transaction that requires the services of a State-certified or State-licensed appraiser under the Federally related transaction regulations.

  • States may establish requirements for AMC registration and supervision that are in addition to these minimum requirements.9Under section 1124, beginning 36 months from the time the Agencies issue the final AMC rule, an AMC may not provide services for a Federally related transaction in a State unless the AMC is registered with the State or is subject to oversight by a Federal financial institutions regulatory agency.


More Definitions of Federally related transaction

Federally related transaction means any real
Federally related transaction means any real estate-related financial trans- action entered into on or after August 9, 1990, that:
Federally related transaction means any real estate related financial transaction that a federal financial institution regulatory agency engages in, contracts for, or regulates and that requires the services of an appraiser under any of the following:
Federally related transaction means any real estate-related financial transaction that:
Federally related transaction means any real estate related financial transaction which a federal financial institutions regulatory agency engages in, contracts for or regulates and requires the services of an appraiser.
Federally related transaction means any real estate-related financial transaction which a federal financial institutions regulatory agency engages in, contracts for or regulates and which requires the services of a state licensed real estate appraiser regulated by this part. This term also includes any transaction identified as such by a federal financial institutions regulatory agency.
Federally related transaction means any real estate‑related financial transaction which a federal financial institution regulatory agency engages in, contracts for, or regulates.