FIRREA definition

FIRREA means the Financial Institutions Reform, Recovery and Enforcement Act of 1989, as amended.
FIRREAThe Financial Institutions Reform, Recovery, and Enforcement Act of 1989.
FIRREA means the Financial Institutions Reform, Recovery and Enforcement Act of 1989.

Examples of FIRREA in a sentence

  • AMC confirmed that the appraiser and the appraisal made by such appraiser both satisfied the requirements of Title XI of FIRREA.

  • Each Mortgage File contains a written appraisal prepared by an appraiser licensed or certified by the applicable governmental body in which the mortgaged property is located and in accordance with the requirements of Title XI of FIRREA.

  • If the Administrative Agent or the Collateral Agent reasonably determines that it is required by applicable Law to have appraisals prepared in respect of the Real Property of any Loan Party subject to a mortgage constituting Collateral, the Borrower shall provide to the Administrative Agent appraisals that satisfy the applicable requirements of the Real Estate Appraisal Reform Amendments of FIRREA.

  • Section 308 of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 ("FIRREA") requires the Secretary of the Treasury to consult with the Director of the Office of Thrift Supervision and the Chairperson of the FDIC Board of Directors to determine the best methods for preserving and encouraging minority ownership of depository institutions.

  • An appraiser, duly appointed by the Seller, who had no interest, direct or indirect, in the Mortgaged Property or in any loan made on the security thereof, and whose compensation was not affected by the approval or disapproval of the Mortgage Loan, and such appraiser and the appraisal made by such appraiser both satisfied the requirements of Title XI of FIRREA and the regulations promulgated thereunder, all as in effect on the date the Mortgage Loan was originated.


More Definitions of FIRREA

FIRREAThe Financial Institutions Reform, Recovery and Enforcement Act of 1989, as amended. Fitch: Fitch Ratings, or any successor thereto. FNMA: Fannie Mae, or any successor thereto.
FIRREA means the Federal Institutions Reform, Recovery and Enforcement Act of 1989, as amended.
FIRREA means the Financial Institutions Reform, Recovery and Enforcement Act of 1989 and all rules and regulations promulgated under that statute, as amended, and any successor statute, rules, and regulations.
FIRREAThe Financial Institutions Reform, Recovery, and Enforcement Act of 1989, as amended and in effect from time to time. Fitch: Fitch Ratings, Inc., or any successor in interest.
FIRREAThe Financial Institutions Reform, Recovery, and Enforcement Act of 1989. Fitch: Fitch, Inc., or any successor thereto. If Fitch is designated as a Rating Agency in the Preliminary Statement, for purposes of Section 10.05(b) the address for notices to Fitch shall be Fitch, Inc., Xxx Xxxxx Xxxxxx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000, Attention: Residential Mortgage Surveillance Group, or such other address as Fitch may hereafter furnish to the Depositor and the Master Servicer.
FIRREAThe Financial Institutions Reform, Recovery, and Enforcement Act of 1989. Fiscal Quarter: December 1 to February 29 (or the last day in such month), March 1 to May 31, June 1 to August 31, or September 1 to November 30, as applicable. Fitch: Fitch, Inc. and any successor thereto. Xxxxxxx Mac: Federal Home Loan Mortgage Corporation, or any successor thereto.
FIRREA means The Financial Institutions Reform, Recovery and Enforcement Act of 1989, Pub. L. No. 101-73 Stat. 183 (1989) and the regulations adopted pursuant thereto, as the same may be amended from time to time.