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Mortgages

NCUA Issues Appraisal Rules For High-Risk Mortgages

JAN 15, 2013 2:54pm ET

ALEXANDRIA, Va. Credit unions offering higher-risk mortgages, those with above-average interest rates, will need to get written reports by certified appraisers who physically inspect the inside and outside of homes, under new rules being issued by NCUA and the banking regulators.

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