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New Rules Property Valuation Dodd-Frank Wall Street Reform and Consumer Protection Act

Alston & Bird

AVM Quality Control Rule Takes Effect October 1, 2025: Are You Ready?

Alston & Bird on

Mortgage originators, servicers, and secondary market participants should take note that the October 1 implementation date for the Interagency AVM Quality Control Rule (the “Rule”)  is fast approaching....more

Goodwin

CFPB Issues New Rule on Use of Artificial Intelligence Models in Mortgage Lending

Goodwin on

​​​​​​​On June 24, 2024, the Consumer Financial Protection Bureau (CFPB) announced that it had approved a new rule about the use of algorithms and artificial intelligence (AI) for home appraisals and valuations....more

Mintz - Antitrust Viewpoints

Six Agencies Finalize Rule on Safeguards for AI Real Estate Valuation Models — AI: The Washington Report

On June 24, 2024, six federal agencies — the Department of the Treasury (Treasury), the Federal Reserve System (FRS), the Federal Deposit Insurance Corporation (FDIC), the National Credit Union Administration (NCUA), the...more

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