Rules governing mortgage appraisals and other written valuations under ECOA
Resources to help industry understand, implement, and comply with the Equal Credit Opportunity Act (ECOA) valuation rule.
On April 29, 2020, the Bureau released two factsheets on the ECOA valuation rule. The factsheets provide information on transaction coverage under the Rule and delivery method and timing requirements for appraisals and other written valuations . The Bureau also published an FAQ related to the ECOA valuations rule in light of the COVID-19 emergency.
Browse the ECOA valuation final rule to see specific amendments to Regulation B.
Regulations and official interpretations
Browse Regulation B (12 CFR 1002) on: Interactive Bureau Regulations | eCFR
Main ECOA valuation rule provisions and official interpretations can be found in:
- § 1002.14, Rules on providing appraisals and other valuations.
- Supplement I to Part 1002 (including official interpretations for the above provision)
Transaction coverage and exemptions for the 2013 mortgage origination rules - Reference tool illustrating general coverage and exemptions of certain mortgage products.
Sign up for updates about mortgage rule implementation.
Small entity compliance guide
Download the latest version , version 1.2
Supervision and examination materials
Guides to how the Bureau will supervise and examine entities under its jurisdiction for compliance with Federal consumer financial law.
See the ECOA examination procedures
See the mortgage origination examination procedures
See the mortgage rules readiness guide , version 4.0