Joint Guidance on Reconsiderations of Value of Residential Real Estate Valuations (document attached)
Guidance: Reconsiderations of Value of Residential Real Estate Valuations
Activity
American Bankers Association filed 1 comment on this docket between Sep 19, 2023 and Sep 19, 2023. 8 other organizations filed here. The comment window closed 1043d ago.
What American Bankers Association filed (1)
Abstract
The Board, CFPB, FDIC, NCUA, and OCC (together, the agencies) are issuing proposed guidance that would highlight risks associated with deficient residential real estate valuations and describe how financial institutions may incorporate reconsiderations of value (ROV) processes and controls into established risk management functions. The proposed guidance would also highlight examples of policies and procedures that a financial institution may choose to establish to help identify, address, and mitigate the risk of discrimination impacting residential real estate valuations.
View on regulations.gov →Co-filers (8)
See everyone who commented →- American Bankers AssociationTHIS ORG1 filing · confidence 97%
- American Society of Farm Managers and Rural Appraiserstrade assoc.1 filing · confidence 85%
- Housing Policy Counciltrade assoc.1 filing · confidence 85%
- Iowa Bankers Associationtrade assoc.1 filing · confidence 85%
- Mortgage Bankers Associationtrade assoc.1 filing · confidence 97%
- National Association of Appraiserstrade assoc.1 filing · confidence 85%
- National Association of Home Builderstrade assoc.1 filing · confidence 97%
- Real Estate Valuation Advocacy Associationtrade assoc.1 filing · confidence 85%
- The Appraisal Foundationtrade assoc.1 filing · confidence 85%