MBA Comment on Proposed Interagency Guidance on Reconsiderations of Value (ROV)

2023 Bank Regulatory Policy Comment Letters Government Lending Government Servicing Residential
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The Mortgage Bankers Association (MBA) thanks the Board of Governors of the Federal Reserve System (the Board), the Consumer Financial Protection Bureau (CFPB), the Federal Deposit Insurance Corporation (FDIC), the National Credit Union Administration (NCUA), and the Office of the Comptroller of the Currency (OCC) (together, “the Agencies”) for their consideration of industry feedback on the proposed guidance regarding lender policies and procedures for reconsiderations of value (ROVs).