Appraisers, Consumer Resources, Regulators/Regulation, The Middle Man

Appraisers – Your Comments Are Important

The Consumer Financial Protection Bureau (CFPB) is requesting comments on the proposed amendment to the “Know Before You Owe” mortgage disclosure rule, which proposes to move the rule’s effective date to October 3, 2015. 

Tell the CFPB it’s very important the appraisal fee be disclosed separately from any bank add-on fees such as an AMC fee.

Call to Action: You’re comments must be submitted by July 7th.

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