Rule gives consumers additional rights to information on how a home value is determined WASHINGTON, D.C.
“This rule will guarantee consumers can receive important information on how a lender determines the value of the home,” said CFPB Director Richard Cordray. “Having this information available promptly makes it easier for loan applicants to make informed decisions.”
Article and Image Source: Appraisal Scoop
Consumer Financial Protection Bureau adopts rule to improve consumer access to appraisal reports