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."

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."

In a Consent Order, the CFPB ordered a personal loan installment lender to pay $20 million in penalties for deceptive and abusive sales practices in connection with loan originations, renewals and product add-ons.

Comments on a CFPB proposal to amend Regulation Z, which implements the Truth in Lending Act, are due by May 3, 2023.

The CFPB warned student loan servicers against attempting to collect on private student loans that had been discharged in bankruptcy.