A rule proposed in early June that recognizes the increasing frequency of use of automated valuation models (AVMs) by mortgage lenders in determining the value of property is out for comment until Aug. 21, according […]
The rural southern U.S. “faces distinct challenges when it comes to fair access to banking,” the director of the federal consumer financial protection agency said Wednesday, especially as the region includes many areas of “banking […]
Having in place appropriate rules and supervisory practices for banks of the size that failed in March and early May, and the resulting stress for other banks, highlight the importance of appropriate rules and supervision, […]
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