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The appraisal rules set forth in Regulation B require specific notice to be delivered and copies of appraisal to be received to an applicant or borrower within certain time frames. These rules apply to both consumer and commercial loans. This course provides detailed information on the appraisal requirements under Regulation B. It does not cover appraisal rules and guidelines in regard to obtaining appraisals and appraiser requirements. This course is intended for lenders, lending support staff, and compliance professionals.
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