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CFPB RIN: 3170-AA26 Publication ID: 2012 
Title: ●Copies of Appraisals or Other Valuations To Be Furnished by Creditor (Regulation B) 
Abstract: In August 2012, the CFPB proposed to amend Regulation B, which implements the Equal Credit Opportunity Act (ECOA), and the official interpretation to the regulation, which interprets the requirements of Regulation B. The proposed revisions to Regulation B would implement an ECOA amendment concerning appraisals that was enacted as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act. In general, the proposed revisions to Regulation B would require creditors to provide free copies of all written appraisals and valuations developed in connection with an application for a loan to be secured by a first lien on a dwelling. The proposal also would require creditors to notify applicants in writing of the right to receive a copy of each written appraisal or valuation at no additional cost. The CFPB is working to issue a final rule. 
Agency: Consumer Financial Protection Bureau(CFPB)  Priority: Substantive, Nonsignificant 
RIN Status: First time published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: 12 CFR 1002.14   
Legal Authority: 15 USC 1691(e)   
Legal Deadline:
Action Source Description Date
Final  Statutory    01/21/2013 
Timetable:
Action Date FR Cite
NPRM  08/21/2012  77 FR 50390   
NPRM Comment Period End  10/15/2012 
Final Rule  01/00/2013 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Bill Matchneer
Office of Regulations
Consumer Financial Protection Bureau
Phone:202 435-7700