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:   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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