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#2004321 - 03/26/15 04:37 PM ECOA vs Reg Z Right to Copy of Appraisal Wording
Multiple Hats Offline
100 Club
Joined: Jul 2008
Posts: 213
Reg B Appendix C sample disclosure includes the word "promptly" in it's wording. Reg Z sample wording doesn't include the word "promptly". Does everyone just use the wording from Reg B even if the loan is a HPML as well?

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Lending Compliance
#2004397 - 03/26/15 07:06 PM Re: ECOA vs Reg Z Right to Copy of Appraisal Wording Multiple Hats
John Burnett Offline
10K Club
John Burnett
Joined: Oct 2000
Posts: 40,086
Cape Cod
The Bureau has said you can use the Reg B notice and line out the word "promptly" if the Reg B notice does not apply.
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John S. Burnett
BankersOnline.com
Fighting for Compliance since 1976
Bankers' Threads User #8

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