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Appraisal Orgs Call for Mandatory Fee Split
Appraisal Organizations responded to the CFPB's RFI on "junk fees" in mortgage origination by calling on the CFPB to mandate the separate disclosure of fees paid to appraisers and those paid to AMCs on mortgage closing forms.
The Appraisal Institute hosts a webinar on new federal guidance for financial institutions on Expectations for Prudent CRE Loan Accommodations and Workouts.