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The Comptroller of the Currency, Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation, Federal Housing Finance Agency, Consumer Financial Protection Bureau, and National Credit Union Administration (Agencies) will issue a joint proposed rule to establish quality control standards for the use of automated valuation models (AVM) to implement the provisions of section 1473(q) of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Among other things, the proposal would require that AVMs used by mortgage originators and secondary market issuers to determine the collateral worth of a mortgage secured by a consumer's principal dwelling adhere to quality control standards. The proposed quality control standards would: (1) ensure a high level of confidence in the estimates produced by AVMs; (2) protect against the manipulation of data; (3) seek to avoid conflicts of interest; (4) require random sample testing and reviews; and (5) account for any other factor that the Agencies determine appropriate.