Blog Posts July 14, 2019

Appraisal Reform Act of 2019 Would Impact TRID

A&B Abstract:  If enacted, the recently introduced Appraisal Reform Act of 2019 would amend RESPA to require the disclosure of the appraisal management fee separate from the appraisal fee on the loan estimate (LE) and closing disclosure (CD).  This could impose an additional burden on lenders and appraisal management companies (AMCs).  Background  The LE provides […]

The post Appraisal Reform Act of 2019 Would Impact TRID appeared first on Alston & Bird Consumer Finance ABstract.

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