The Office of the Comptroller of the Currency requested comments on a proposed rule to establish a framework for the conduct of receiverships of uninsured banks.
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The Office of the Comptroller of the Currency rescinded previously issued guidance concerning deposit advance products.
The Office of the Comptroller of the Currency rescinded previously issued guidance concerning deposit advance products.
Banking agencies proposed a rule that would require mortgage originators and secondary market issuers to "adopt policies, practices, procedures, and control systems to ensure that automated valuation models used in certain credit decisions or covered securitization determinations adhere to quality control standards."
The banking agencies set a comment deadline of August 21, 2023 for a proposed to require mortgage originators and secondary market issuers to ensure that "automated valuation models used in certain credit decisions or covered securitization determinations adhere to quality control standards."