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federally related transaction |
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federally related transaction (FRT) FDIC regulations define the term as “any real estate-related financial transaction entered into on or after August 9,1990,that the Board or any regulated institution engages in,contracts for,or regulates.”FDIC regulations require an appraiser for any FRT except those under $250,000 and other narrowly defined exceptions. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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