Regulation Z HPML Appraisal Rules Risk Assessment

$50.00

The Regulation Z HPML Appraisal Rules Risk Assessment provides a framework upon which the risk related to the 12 CFR 1026.35 appraisal requirements for higher-priced mortgage loans is evaluated.

Description

Examiners expect all financial institutions to conduct and document a comprehensive, ongoing, institution-wide risk assessment. The Risk Assessment evaluates and rates inherent risk, the quality of controls and residual risk. Benchmarks are provided for each rating for each factor. The Regulation Z  Higher Priced Mortgage Loan (HPML) Appraisal Rules Risk Assessment provides a framework upon which the risk related to the 12 CFR 1026.35 appraisal requirements for higher-priced mortgage loans is evaluated.

 

Reviewed 09-23-2019