Notwithstanding Safety Clauses, Lenders Still Find Potentially Higher Liabilities Under Fed’s Interim Final Appraisal Rules
October 28, 2010
Despite certain safe harbors provided under the interim final rule on appraisal independence issued last week by the Federal Reserve Board, some lenders are concerned that they will still be exposed to liabilities and consumers will ultimately pay higher appraisal costs. Industry representatives and...
Is Onity Group eyeing a sale? Perhaps. And why not? Servicing values are approaching a 25-year high.
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