Answer:
The ECOA Valuations Rule took effect on January 18th, and it specifically states that if you're sending the appraisal electronically, you need to gather a few acknowledgments from your borrowers before they receive the report.
The ECOA Valuations Rule: How to Send Electronically
Question:
We send all appraisals to borrowers electronically. How does the new ECOA Valuations Rule affect us?
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