Hawaii Revised Statutes 466L-9 – Appraisal management company registration numbers
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Hawaii Revised Statutes 466L-9
- Appraisal: A determination of property value.
- Appraisal management company: means a person that:
(1) Provides appraisal management services to creditors or secondary mortgage market participants, including affiliates;
(2) Provides appraisal management services in connection with valuing a consumer's principal dwelling as security for a consumer credit transaction or incorporating these transactions into securitizations; and
(3) Within a twelve-month calendar year, beginning January 1 of each year and ending on December 31 of each year, oversees an appraiser panel of more than fifteen state-certified or state-licensed appraisers in a state or twenty-five or more state-certified or state-licensed appraisers in two or more states, as described in section 466L-5. See Hawaii Revised Statutes 466L-2
- Director: means the director of commerce and consumer affairs. See Hawaii Revised Statutes 466L-2