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January 6, 2015
Business Accounts Documentation and Procedures with Beneficial Ownership
Deborah Crawford

January 6, 2015
FFIEC Cybersecurity Initiatives and Observations from the 2014 Assessments
Susan Orr

January 15, 2015
The ABC's of IRAs - The Basic Ingredients
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January 20, 2015
B & Z Appraisal Rules - Getting Them Right
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January 21, 2015
HMDA Soup to Nuts
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January 22, 2015
Navigating the Treacherous Waters of IRA Rollovers, Transfers and Beneficiary Payouts
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January 28, 2015
Mortgage Life Cycle
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David Dickinson and Jerod Moyer



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#1649837 - 01/12/12 08:30 AM Right to receive a copy of the appraisal
Soccer Offline
Gold Star

Registered: 01/05/10
Posts: 482
Loc: Utopia
I do not read Reg B to require two copies of the appraisal being required to be given to the borrower(s). Can anyone tell me if that is a requirement and if so where I can find it.

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#1649918 - 01/12/12 09:38 AM Re: Right to receive a copy of the appraisal [Re: Soccer]
Rocky P Online
Power Poster

Registered: 06/24/03
Posts: 4771
Loc: South Carolina
Information can be found in Reg B - 202.14. Nothing is mentioned about 2 copies.

Regulation
http://www.bankersonline.com/regs/202/202-14.html

Commentary
http://www.bankersonline.com/regs/202/s202-14.html
_________________________
I survived an OCC Fair Lending/Comparative File Review of 1,756 loans with no findings that stuck!
CRCM, CIA, CRP, CBA

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#1649995 - 01/12/12 10:17 AM Re: Right to receive a copy of the appraisal [Re: Soccer]
A_G Offline
10K Club

Registered: 07/21/04
Posts: 18954
Who is telling you this is required?

Ask them to inform you of his or her cite!
_________________________
With the lights out, it's less dangerous.

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#1650231 - 01/12/12 01:00 PM Re: Right to receive a copy of the appraisal [Re: Soccer]
Soccer Offline
Gold Star

Registered: 01/05/10
Posts: 482
Loc: Utopia
Outside consultant that reviewed our policies!

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#1650235 - 01/12/12 01:04 PM Re: Right to receive a copy of the appraisal [Re: Soccer]
Always In Training Offline
Platinum Poster

Registered: 07/11/06
Posts: 686
Loc: Where the Green Grass Grows
Is it in your policy to give 2 copies ?

Is it state law that they receive a copy of anything the bank requires them to sign? (It is in my state for 1 type of loan, and our forms provider has a place for the borrower to sign acknowledging receipt.)

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#1650267 - 01/12/12 01:42 PM Re: Right to receive a copy of the appraisal [Re: Soccer]
Soccer Offline
Gold Star

Registered: 01/05/10
Posts: 482
Loc: Utopia
Not in policy and I don't see it in state law.

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#1651175 - 01/13/12 04:54 PM Re: Right to receive a copy of the appraisal [Re: Soccer]
Andy Z Online

10K Club

Registered: 10/27/00
Posts: 25296
Loc: On the Net
Time to go back and ask the source for a cite.

It is similar to someone saying "tell me where it says I can't do this" and the correct response is "tell me where it says you can."
_________________________
AndyZ CRCM
My opinions are not necessarily my employers.
R+R-R=R+R
Rules and Regs minus Relationships equals Resentment and Rebellion. John Maxwell

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