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CFPB RIN: 3170-AA26 Publication ID: Spring 2013 
Title: Disclosure and Delivery Requirements for Copies of Appraisals and Other Written Valuations Under the Equal Credit Opportunity Act (Regulation B) 
Abstract: On January 18, 2013, the CFPB issued a final rule (published in the Federal Register on January 31, 2013) amending 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 revisions to Regulation B 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 revisions to Regulation B 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 revisions also require creditors to notify applicants in writing of the right to receive a copy of each written appraisal or valuation at no additional cost. 
Agency: Consumer Financial Protection Bureau(CFPB)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Completed Actions 
Major: No  Unfunded Mandates: No 
EO 13771 Designation: uncollected 
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  01/31/2013  78 FR 7216   
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