Banks can now postpone some appraisals until 120 days after a mortgage closes

Apr 20, 2020 |

Banks can now delay getting an appraisal on a property for as many as 120 days after a mortgage closes. The rule change, which was proposed last week by the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corp., and the Office of the Comptroller of the Currency, is now official after the rule […more]

Posted in: San Francisco

Comments are closed.