CFPB to Increase Oversight of Automated Valuation Models

Mortgage Professional America, Feb. 24, 20221–Candyd Mendoza
The Consumer Financial Protection Bureau announced it will ramp up its oversight of automated valuation models after the Federal Housing Finance Agency discovered discriminatory statements in some home appraisals.
https://www.mpamag.com/us/news/general/cfpb-to-increase-oversight-of-automated-valuation-models/326554