Jan 20 , 2016

Tampa School of Real Estate

Federally Related Transaction

Definition:   Any sale transaction that involves a federal agency in either the primary or secondary mortgage market.  Under FIRREA, state-certified or state-licensed appraisers must be used for certain loans in federally regulated transactions.

Pronunciation:    \ˈfe-d(ə-)rə-lē\ \ri-ˈlā-təd\ \tran-ˈzak-shən\

Used in a Sentence:

F