Federally Related Transaction

Federal Trade Commission (ftc) Reading Federally Related Transaction 1 minute Next Fee Simple Estate

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:

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