AVM QC Rule Impacts CES, HELOC and HEI

Home Equity Lending News, April 5, 2025-John Levonick
A new rule for automated valuation models is set to reshape how depository and non-bank lending institutions oversee AVM usage on closed-end second mortgages and home-equity lines of credit. Even originators of home-equity investment contracts are affected by the rule, which has an upcoming deadline for implementation. There are several steps lenders and HEI providers can take to prepare for the rule.
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