Description
Flowcharts provide an easy method to determine whether particular regulatory requirements apply to a specific transaction. The HMPL Flip Coverage Flowchart is an efficient and effective way of determining if a transaction is a higher-priced covered transaction as defined in Regulation Z. The flowchart provides an easy-to-follow, step-by-step process considering each trigger to determine if a specific transaction is a flipped property requiring an additional appraisal under the HPML appraisal rules.
Reviewed 09-25-19
