Finanzen & Märkte · 26.7.20241 Min. Lesezeit
Interagency Guidance on Reconsiderations of Value of Residential Real Estate Valuations
Lokale automatische Übersetzung · Originalsprache der Quelle
Zusammenfassung
The Board, CFPB, FDIC, NCUA, and OCC (together, the agencies) are issuing final guidance that highlights risks associated with deficient residential real estate valuations and describes how financial institutions may incorporate reconsiderations of value (ROV) processes and controls into established risk management functions. The final guidance also provides examples of policies and procedures that a financial institution may choose to implement to help identify, address, and mitigate the risk of discrimination impacting residential real estate valuations.