I'm sorry if someone already asked this, but I'm unable to locate a post on point.
It's my understanding that internal documents that merely RESTATE the value are NOT subject to disclosure; however, this seems to apply to documents that would be prepared AFTER the appraisal is received, such as the appraisal review.
Do we have to provide the applicant a copy of the credit memo that was approved subject to the appraisal coming in at or above a certain value if the appraisal comes in at a different value (higher or lower)?
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Dolly Nugent
CRCM
Opinions expressed are my own.