Valuations - What loans are not covered by the ECOA Valuations Rule?

Compliance > Regulation B - ECOA
Q:  What loans are not covered by the ECOA Valuations Rule?

A:  The ECOA Valuations Rule does not cover second liens and other subordinate loans and loans that are not secured by a dwelling (such as loans secured solely by land).
 
 
Information to support this Q&A can be found in Regulation B, which may be found here:  https://www.ecfr.gov/current/title-12/chapter-X/part-1002   Additional support was located in the CFPB's ECOA Valuations Rule Small Entity Compliance Guide, which can be found by accessing the Bureau's Mortgage Resources webpage, which may be found here:  

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