September 17, 2013 at 10:01 pm EDT
#3963
rcooper
Member
The Reg B appraisal and valuation delivery rules apply to first liens on a dwelling. However, there are rules for providing an appraisal disclosure and a copy of the appraisal for HPML’s in 1026.35 which would apply to subordinate liens on the consumer’s principal dwelling. https://www.ecfr.gov/cgi-bin/text-idx?SID=7f4eca7c248c25d4dfbb06e5f05f0f71&node=20130213y1.44