Implementation of Appraisal Reform Sections of FIRREA: Hearing Before the Subcommittee on General Oversight and Investigations of the Committee on Banking, Finance, and Urban Affairs, House of Representatives, One Hundred Second Congress, Second Session, September 16, 1992, Հատոր 4U.S. Government Printing Office, 1993 - 764 էջ |
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adopted amended American Bankers Association Appraisal Foundation Appraisal Institute appraisal organizations appraisal reform appraisal regulation Appraisal Standards Board Appraisal Subcommittee Appraiser Qualifications Board appraiser regulatory Bankers banks Board of Trustees certification and licensing certified appraisers certified or licensed Certified Residential Chairman HUBBARD collateral commercial real estate Committee Congress connection with federally costs credit unions December 31 Enforcement Act established FDIC Federal Financial Institutions Federal Register federally related transactions Financial Institutions Examination Financial Institutions Reform financial institutions regulatory Freddie Mac Guidelines Institutions Examination Council institutions regulatory agencies issued lenders licensed appraisers licensed or certified licensing and certification market value minimis test mortgage NCUA Office perform appraisals procedures Professional Appraisal Practice programs Property Appraiser real estate appraisers real estate loans real property Resolution Trust Corporation safety and soundness Section state-certified temporary practice temporary waiver threshold Title XI Uniform Standards USPAP XI of FIRREA
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Էջ 194 - In computing any period of time prescribed or allowed by these rules, by the local rules of any district court, by order of court, or by any applicable statute, the day of the act, event, or default from which the designated period of time begins to run shall not be included.
Էջ 293 - ... (3) a reasonable time is allowed for exposure in the open market; (4) payment is made in terms of cash in US dollars or in terms of financial arrangements comparable thereto; and (5) the price represents the normal consideration for the property sold unaffected by special or creative financing or sales concessions* granted by anyone associated with the sale.
Էջ 195 - Interested person in good faith of a timely and sufficient affidavit of personal bias or disqualification of...
Էջ 500 - The most probable price which a property should bring in a competitive and open market under all conditions requisite to a fair sale, the buyer and seller each acting prudently and knowledgeably, and assuming the price is not affected by undue stimulus.
Էջ 177 - Federal Financial Institutions Regulatory Agency — One of five federal government agencies that regulate the various types of financial institutions, including the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, the Office of Thrift Supervision, and the National Credit Union Administration.
Էջ 73 - to provide that Federal financial and public policy interests in real estate related transactions will be protected by requiring that real estate appraisals utilized in connection with federally related transactions are performed in writing, in accordance with uniform standards, by individuals whose competency has been demonstrated and whose professional conduct will be subject to effective supervision.
Էջ 293 - Implicit in this definition is the consummation of a sale as of a specified date and the passing of title from seller to buyer under conditions whereby...
Էջ 211 - ... of the Internal Revenue Code of 1954 (or the corresponding provision of any future United States Internal Revenue Law), as the Board of Directors shall determine.
Էջ 211 - No part of the net earnings of the corporation shall inure to the benefit of, or be distributable to its members, trustees, officers, or other private persons, except that the corporation shall be authorized and empowered to pay reasonable compensation for services rendered and to make payments and distributions in furtherance of the purposes set forth in Article Third hereof.
Էջ 674 - FUNCTIONS OF THE FEDERAL FINANCIAL INSTITUTIONS REGULATORY AGENCIES RELATING TO APPRAISAL STANDARDS. Each Federal financial institutions regulatory agency and the Resolution Trust Corporation shall prescribe appropriate standards for the performance of real estate appraisals in connection with federally related transactions under the jurisdiction of each such agency or instrumentality. These rules shall require, at a minimum — (1) that real estate appraisals be performed in accordance with generally...