- This topic has 1 reply, 2 voices, and was last updated 11 years, 8 months ago by .
-
Topic
-
If an institution orders an appraisal or valuation outside of a credit action (such as to be used by the Criticized Asset Committee or for a Fas 114 analysis), are we required under any current regulations to provide the customer with a copy of this appraisal or valuation? I am under the assumption that we would not be, since we are not using the appraisal with any type of M.I.R.E. loan transactions, but wanted to verify. Also – does your answer change at all with the 2014 appraisal rule changes?
Thanks for your help!
Viewing 1 replies (of 1 total)
Viewing 1 replies (of 1 total)
- You must be logged in to reply to this topic.