Details

Service: Advisory, Risk Consulting, Financial Risk Management
Industry: Banking & Capital Markets
Type: Publication series
Date: 2/12/2013

Regulatory Practice Letter #13-06

Mortgage Credit - Appraisals CFPB Final Rules

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On January 18, 2013, the Bureau of Consumer Financial Protection (“CFPB” or “Bureau”) released two final rules that implement provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Dodd-Frank Act”) that impact appraisals for certain mortgage home loans. In particular, the CFPB released:

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