In a review panel, the CFPB outlined its options to ensure that computer models used to help determine home valuations are accurate and fair.
News & Insights
11 News Results
The CFPB published in the Federal Register its request for comment on Regulation C, which implements the Home Mortgage Disclosure Act. Comments must be received by January 21, 2022.
The CFPB requested input on the effectiveness of the rules that implement the Home Mortgage Disclosure Act in order to maintain a "fair, competitive, and non-discriminatory mortgage market."
The Federal Reserve Board, OCC and FDIC adopted an interim final rule which defers certain regulations requiring an appraisal or evaluation of real estate.
The CFPB adopted a final rule amending the regulation text and interpretation for Regulation Z, which implements the Truth in Lending Act.