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Appraisals Free With Home Loan Applications

Posted by Edward C. Ip | Aug 12, 2013 | 0 Comments

The Bureau of Consumer Financial Protection has proposed that Regulation B of the ECOA be amended to require that creditors provide copies of all written appraisals and valuations produced in the home loan application process. If this amendment goes through, anyone applying for a home loan secured by a first lien on a dwelling can receive their appraisal information at no charge.

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Edward C. Ip

Edward Chi Ip holds an extensive amount of experience dealing with civil litigation in the fields of real estate and construction law. As the head of the firm, Mr. Ip leads a team of experienced attorneys in strategizing winning game plans when it comes down to ensuring the satisfaction of every ...


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