Document Update: Appraisal Paragraph on the Closing Disclosure (Cx18566)
12 CFR § 1026.38(p)(1) states:
“For transactions subject to 15 U.S.C. 1639h or 1691(e), as implemented in this part or Regulation B, 12 CFR part 1002, respectively, under the subheading “Appraisal,” that:
i. If there was an appraisal of the property in connection with the loan,…