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It's unlikely that lawmakers will pass new coronavirus-related legislation before Congress leaves for its October recess.
September 14 -
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 -
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 -
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 -
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 -
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 -
The housing market has changed dramatically since 2002 but the current appraisal limit has not. It's time for NCUA to catch up.
November 25National Credit Union Administration -
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 -
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