Description
The Regulation B and Z Appraisals Required Action Chart is an easy to use tool that details each requirement pertaining to appraisals under each regulation. The chart is in a column format and identifies what actions must be done if a particular transaction is covered by Regulation B, Regulation Z or both. Since the appraisal requirements in Regulation Z and Regulation B are different, but sometimes overlap or are similar this chart will help you understand what action by is required by each regulation, ensuring you do not overlook a required action by either regulation.
01.27.2021