A final rule was published by the NJDOBI in the NJ Register on 12/18/17. It amends the provision in NJAC 3:1-16.2 regarding appraisal fees. The rule was effective 12/18/17.
http://www.state.nj.us/dobi/proposed/ad171218.pdfIf you buy loans from entities that are supervised by NJDOBI or if .you are state chartered, you might want to be review this.
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Opinions expressed are my own and not necessarily those of my employer. They are not legal advice.
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