Source: https://www.law.cornell.edu/uscode/text/12/3350?quicktabs_8=4&qt-us_code_tabs=2
Timestamp: 2016-02-12 20:35:39
Document Index: 751190978

Matched Legal Cases: ['§ 3350', '§\u202f3350', '§\u202f1121', '§\u202f1473', '§\u202f1473', '§\u202f1473', '§\u202f1473']

12 U.S. Code § 3350 - Definitions | US Law | LII / Legal Information Institute
§ 3350.
(4) Federally related transactionThe term “federally related transaction” means any real estate-related financial transaction which—
(5) Real estate related financial transactionThe term “real estate-related financial transaction” means any transaction involving—
The term “Federal financial institutions regulatory agencies” means 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.
The term “Chairperson” means the Chairperson of the Appraisal Subcommittee selected by the Council.
(11) Appraisal management companyThe term “appraisal management company” means, in connection with valuing properties collateralizing mortgage loans or mortgages incorporated into a securitization, any external third party authorized either by a creditor of a consumer credit transaction secured by a consumer’s principal dwelling or by an underwriter of or other principal in the secondary mortgage markets, that oversees a network or panel of more than 15 certified or licensed appraisers in a State or 25 or more nationally within a given year—
(Pub. L. 101–73, title XI, § 1121, Aug. 9, 1989, 103 Stat. 517; Pub. L. 111–203, title XIV, § 1473(f)(4), (t)(2), (3), July 21, 2010, 124 Stat. 2193, 2199.)
2010—Par. (6). Pub. L. 111–203, § 1473(t)(2), substituted “Corporation,” for “Corporations,”.
Par. (8). Pub. L. 111–203, § 1473(t)(3), substituted “Council” for “council”.
Par. (11). Pub. L. 111–203, § 1473(f)(4), added par. (11).