CFPB Final Rules Rules

Quality Control Standards for Automated Valuation Models

Use this page to get oriented quickly.

The brief below is a reading aid. The original source material and source link remain the governing reference.

Operational Brief

The final rule implements quality control standards for the use of automated valuation models by mortgage originators and secondary market issuers. These standards aim to ensure accurate determination of collateral worth in mortgages secured by a consumer’s principal dwelling.

Why It Matters for Texas Credit Unions

The article does not explicitly mention Texas, TX, TCUD, or any Texas-specific entities. The rule applies nationally to mortgage originators and secondary market issuers.

Who this most likely affects

Bounded site guidance: This item is most likely relevant for credit unions with retail consumer programs, deposit products, or frontline member-service exposure.

Why this fit: The source language points to consumer treatment, product, or disclosure practices.

This is site guidance, not a formal determination. CFPB Final Rules and the original source material remain the governing reference.

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Original Source Material

The final rule implements quality control standards for the use of automated valuation models by mortgage originators and secondary market issuers in determining the collateral worth of a mortgage secured by a consumer’s principal dwelling.