Expect Broader, Costlier Appraisal Reforms, Say Compliance Experts
August 9, 2010
The first set of financial reform rules to be implemented after enactment of the Dodd-Frank Wall Street Reform and Consumer Protection Act will be broader appraisal reforms, which will replace the Home Valuation Code of Conduct on the date new rules are issued. Title XIV, the Mortgage Reform and Anti-Predatory Lending Act, creates...