Regulatory Relief: FDIC Issues Temporary Exceptions to Appraisal Requirements in Maui County as Affected by Hawaii Wildfires
March 14, 2024
March 14, 2024
WASHINGTON, March 14 -- The Federal Deposit Insurance Corporation issued the following financial institution letter (No. FIL-09-2024) on March 13, 2024:
The FDIC is providing flexibility relative to appraisal requirements for real estate-related transactions in Maui County due to the Hawaii wildfires. The flexibilities may be exercised by any institution underwriting a real estate-related transaction in Maui County.
Statement of Applicability: The contents of, and mater . . .
The FDIC is providing flexibility relative to appraisal requirements for real estate-related transactions in Maui County due to the Hawaii wildfires. The flexibilities may be exercised by any institution underwriting a real estate-related transaction in Maui County.
Statement of Applicability: The contents of, and mater . . .