Topic: Appraisals
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CFPB adjusts 2026 HMDA, HPML escrow, and “small creditor” exemption amounts
NEWS: The Consumer Financial Protection Bureau (CFPB) has released its annual updates to some regulatory exemption amounts that affect credit unions making mortgage loans: The asset-size exemptions for collecting Home Mortgage Disclosure […]
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CFPB updates three regulatory exemption amounts for 2026
NEWS: Every year, the CFPB adjusts the exemption thresholds for three of its lending rules, and those thresholds are increasing for 2026. Higher-priced mortgage loan appraisal requirements The threshold for exempting […]
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NCUA: Letter to Credit Unions No. 05-CU-12 – Frequently Asked Questions on Residential Tract Development Lending (September 2005)
See the Enclosure – Frequently Asked Questions on Residential Tract Development Lending. The FAQs provide clarification on the agencies’ appraisal and real estate lending requirements for financing residential construction in […]
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Appraisal Institute: Guide Note 13, Performing Evaluations of Real Property Collateral for Lenders (March 19, 2013)
Basis for Proper Practice What is an Evaluation? When are Evaluations Used? Who Can Prepare Evaluations? What are the Development Requirements for Evaluations? What are the Reporting Requirements for Evaluations? […]
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CFPB: TILA Higher-Priced Mortgage Loans (HPML) Appraisal Rule – Small Entity Compliance Guide (January 13, 2014)
The purpose of this guide is to provide a summary of the new HPML Appraisal Rule. This guide also highlights issues that small creditors, and those that work with them, might […]
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CFPB: Equal Credit Opportunity Act (ECOA) Valuations Rule – Small Entity Compliance Guide (January 13, 2014)
The focus of this guide is the ECOA Valuations Rule (with a limited discussion of a related rule under TILA). This guide does not discuss other federal or state laws governing […]
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Wis. Stats: 186 Credit Unions (state-chartered only) as regarding appraisals
186.52 Customer access to appraisals.
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NCUA: 12 CFR 701.31(c)
Organization and Operation of Federal Credit Unions. §701.31 Nondiscrimination requirements. (c) Nondiscrimination in appraisals.
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CFPB: 12 CFR 1026.35(c)
Truth in Lending (Reg. Z). Subpart E – Special Rules for Certain Home Mortgage Transactions. 1026.35 Requirements for higher-priced mortgage loans. (c) Appraisals.
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USPAP: Uniform Standards of Professional Appraisal Practice
The Financial Institutions Reform, Recovery and Enforcement Act of 1989 recognizes USPAP as the generally accepted real property appraisal standards and requires USPAP compliance for appraisers in federally related transactions. […]