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NCUA | RIN: 3133-AE23 | Publication ID: Fall 2015 |
Title: Automated Valuation Models | |
Abstract:
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. |
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Agency: National Credit Union Administration(NCUA) | Priority: Substantive, Nonsignificant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Proposed Rule Stage |
Major: No | Unfunded Mandates: No |
CFR Citation: 12 CFR 722 | |
Legal Authority: 12 U.S.C. 1766 12 U.S.C. 1789 12 U.S.C. 3339 12 U.S.C. 3354 15 U.S.C. 1639h |
Legal Deadline:
None |
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Timetable:
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Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
Small Entities Affected: No | Federalism: No |
Included in the Regulatory Plan: No | |
RIN Information URL: www.ncua.gov/Legal/Regs/Pages/PropRegs.aspx | |
RIN Data Printed in the FR: No | |
Related Agencies: Joint: TREAS/OCC, FRS, FDIC, FHFA, CFPB; | |
Agency Contact: Frank Kressman Associate General Counsel National Credit Union Administration 1775 Duke Street, Alexandria, VA 22314 Phone:703 518-6540 Email: fkressman@ncua.gov |