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Appraiser Independence —Observations on the CFPB’s Interim Final Rule (And What the Heck Do They Do With Those Appraiser Regulatory Fees Anyway?)

By Dennis Scardilli, Esq., MAI, SCGREA 1 On December 22, 2011, the federal Consumer Financial Protection Bureau (the "Bureau" or "CFPB") issued a "Restatement of Federal Consumer Financial Law Regulations" under the Truth in Lending Act (TILA). Rulemaking authority...