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Notice of Right to Receive Appraisal Copies

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Question: 
Is the Notice of Right to Receive Appraisal Copies required on 2nd liens?
Answer: 

1002.14—Rules on providing appraisals and other valuations.

(a) Providing appraisals and other valuations. (1) In general. A creditor shall provide an applicant a copy of all appraisals and other written valuations developed in connection with an application for credit that is to be secured by a first lien on a dwelling.

First published on 04/12/2020

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