The commentary addresses multiple applicants. This section is updated as of 1/10/2014:
Section 1002.14—Rules on Providing Appraisals and Valuations
14(a) Providing appraisals and other valuations.
1. Multiple applicants. If there is more than one applicant, the written disclosure about written appraisals, and the copies of appraisals and other written valuations, need only be given to one applicant. However, these materials must be given to the primary applicant where one is readily apparent. Similarly, if there is more than one applicant for credit in the transaction, one applicant may provide a waiver under 1002.14(a)(1), but it must be the primary applicant where one is readily apparent.