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It's unlikely that lawmakers will pass new coronavirus-related legislation before Congress leaves for its October recess.September 14
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The National Credit Union Administration is giving lenders and borrowers extra time to complete appraisals to ensure mortgages are still being completed despite the pandemic.April 16
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The National Credit Union Administration this week will consider an interim final rule regarding its Central Liquidity Facility and changes to real estate appraisal requirements.April 13
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The Federal Housing Finance Agency authorized the government-sponsored enterprises to lend additional support to the mortgage-backed securities market and temporarily allow some flexibility in lending requirements to address coronavirus-related concerns.March 23
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Refinancing activity is surging, existing borrowers are inquiring about loan modifications, loan closings are being delayed by more complex credit checks — and banks are short on people to handle it all.March 19
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After maintaining a $250,000 exemption threshold for real estate appraisals for nearly 20 years, the National Credit Union Administration is set to raise that limit to $400,000.January 31
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The housing market has changed dramatically since 2002 but the current appraisal limit has not. It's time for NCUA to catch up.November 25
ChairmanNational Credit Union Administration
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A new National Credit Union Administration proposal would raise the threshold for residential mortgages that require appraisals. However, the final rule is by no means a done deal.November 21
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The National Credit Union Administration will meet this week to discuss its proposed budget while the Senate and House work to avoid a government shutdown.November 18
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The three federal banking agencies moved to raise the threshold for residential transactions that require an appraisal from $250,000 to $400,000.September 27
