The CFPB’s Equal Credit Opportunity Act Valuations Rule may not be much in the spotlight these days, but there are still some key compliance issues that test lenders. The rule updated ECOA’s Regulation B, requiring lenders to provide applicants for first-lien loans on a dwelling with copies of appraisals, as well as other written valuations, developed in connection with the application, whether or not the applicants request copies. One of the challenges of the rule involves timing, according to Elizabeth Fredrickson, a vice president at Wells Fargo Bank. “There’s a concern about the waiver provisions and the timing and having to get those really, essentially, more up front, than within the [required] timeframe,” she said during a panel discussion at ...