FREE PREVIEW
|
LOGIN OR SUBSCRIBE NOW TO READ THIS ARTICLE
|
CFPB issues final rule on lender-furnished appraisals
|
Consumer Protection
Wednesday, January 23, 2013
|
|
Lenders will be required to provide mortgage applicants with free copies of all appraisals and other home-value estimates under final rules officially issued on Jan. 18 by the Consumer Financial Protection Bureau. The rule clarifies what constitutes a “valuation” for the purposes of the disclosure requirement. The rule also discusses what creditors must do when they receive multiple copies of a valuation. Read on for the details.
TO READ THE FULL STORY
|
|
Already a subscriber?
Problems logging in?
Please call 330-659-6101 x 805 or email us for assistance.
|
|
Today's other top stories