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Lender, appraiser associations seek amendments to CFPB Reg. B proposal
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Appraisal News, Consumer Protection
Wednesday, November 14, 2012
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The CFPB is expected to finalize numerous important mortgage rules ahead of a Jan. 21 deadline. Some of those rules have been the subject of intense scrutiny from industry participants and the media. However, an important rule related to lender-furnished appraisals has not received the same level of attention. Read on to learn about the proposed rule and what changes lenders and appraisers want the CFPB to make before it’s finalized.
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