Skip to content

Defaulted Borrower's Right to Appraisals

Question: Can you confirm that under the new CFPB Servicing Rule, the lender/servicer is not required to provide a defaulted borrower with a copy of an appraisal that the bank obtains and pays for; and that the lender/servicer is

This content is for Premium Subscribers only.

If you are already a Premium Subscriber please login to view this content.

Compliance Action

Bankers' Hotline

Compliance Action