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Quality Control Standards for Automated Valuation Models [R-1807]

The OCC, Board, FDIC, NCUA, CFPB, and FHFA invite comment on a proposed rule to implement the quality control standards mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act for the use of automated valuation models by mortgage originators and secondary market issuers in determining the collateral worth of a mortgage secured by a consumer's principal dwelling. 

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Last update: July 12, 2022