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  • Posted in: RMA Member Forum

    Good afternoon! Does anyone have any loan policy examples they are willing to share in regard to purchasing loan pools? Thank you in advance! ------------------------------ Stephanie Schleicher VP - Credit Administration Manager FNC Bank New Richmond ...

  • Posted in: RMA Member Forum

    Hi Jason, I previously sought feedback on this issue from the FDIC and was advised that it does apply to both arm's length and non-arm's length transactions. The FDIC acknowledged that although the spirit of the rule is not intended for situations ...

  • Posted in: RMA Member Forum

    Hi Jason, Strictly speaking from a valuation standpoint, Fed's Appraisal guidance defines market value as shown below which should cover your question regarding non-arm's length situations: "Market Value – As defined in the Agencies' appraisal regulations, ...

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