Oregon clarifies appraisal company registration authority
The Appraiser Certification and Licensure Board is the entity responsible for determining specified criteria for registration or certification of real estate appraisal management companies.
The Appraiser Certification and Licensure Board is the entity responsible for determining specified criteria for registration or certification of real estate appraisal management companies.
Limitations and terms of collection fees and convenience fees imposed by creditors or third-party debt collection agencies will remain unchanged by the amendments.
The amendments modify the definition of a “transitional loan officer license” and will take effect 90 days following the adjournment of the legislature.
The changes permit mortgage lenders and mortgage brokers to allow employees and exclusive agents to work remotely provided certain conditions are met.