AVM Quality Control Rule Takes Effect October 1, 2025: Are You Ready? | News & Insights

Blog Posts July 1, 2024

CFPB and Other Federal Agencies Finally Adopt AVM Rule

What Happened? On June 20, 2024, a group of federal regulators published a rule addressing for the use of automated valuation models (AVMs) in mortgage origination and secondary market transactions. The rule adoption – by the Consumer Financial Protection Bureau, Office of Comptroller of the Currency (OCC), Board of Governors of the Federal Reserve System […]

The post CFPB and Other Federal Agencies Finally Adopt AVM Rule appeared first on Of Interest.

Financial Services Advisory April 9, 2020

Financial Services & Products Advisory: Agencies Update Their Interagency Statement on Reporting Loan Modifications

Our Financial Services & Products Group discusses how federal agencies are clarifying how the Coronavirus Aid, Relief, and Economic Security (CARES) Act interacts with their previous statement on loan modifications and reporting during the coronavirus pandemic.

Financial Services Advisory April 6, 2020

Financial Services & Products Advisory: Regulatory Agencies Issue Mortgage Servicing Guidance and FAQs for the CARES Act

Our Financial Services & Products Group answers some questions mortgage servicers might have about how federal and state agencies will be flexible with enforcement under the CARES Act.

Advisories March 24, 2020

Financial Services & Products Advisory: Regulators Further Clarify Guidance Regarding Loan Modifications and Reporting

Our Financial Services & Products Group examines how federal regulators – speaking with a single voice – will view loan modifications during the coronavirus pandemic.