CFPB's New AVM Guidelines - How to Be Prepared
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AVM usage is growing, and AVMs are becoming more essential, especially as appraisal-waivers grow in usage. The CFPB has explicitly taken up revamping AVM regulation. No one can say exactly what that will include, but there are some safe bets. This webinar will cover how to choose an AVM, what policies you should have for using AVMs, and where to focus your resources to minimize the risk of using AVMs while getting the most out of them.
3:00-4:00 PM ET
- Better understand your regulatory responsibility as a user of AVMs
- Discuss industry “Best Practices” for relying on AVMs in differing use cases
- Determine when NOT to use an AVM
Who Should Attend?
- Loan Originators
- Quality Control
- Risk Management
- Lee Kennedy, Managing Director, AVMetrics
- Mike Coyne, Manager, Collateral Process, AVMetrics