《Federal Register notice Interagency Guidance on Reconsiderations of Value of Residential Real Estate Valuations (PDF).docx》由会员分享，可在线阅读，更多相关《Federal Register notice Interagency Guidance on Reconsiderations of Value of Residential Real Estate Valuations (PDF).docx（22页珍藏版）》请在第壹文秘上搜索。
1、DEPRMENTOFTHETREASURYOfficeofthe(Comptro1.1.eroftheCurrency12CFRPart34IDocketID()CC-2023-(M07FEDERA1.RESERVESYSTEM12CERPart225DocketNo.OP-1809FEDERA1.DEPOSITINSURANCECORPORATION12CFRPart323R1.N3064-Z36NATIoNA1.CREDITUNIONADMINISTRATION12CFRPart722IDocket11)NCUA-2023-0061CONSUMERFINANCIA1.PROTECTIONB
2、UREAu12CFRChapterXIDocketNo.CF1,B-2O23-OO33InteragencyCuidanceonReconsiderationsofVa1.ueofResidentia1.Rea1.EstateVa1.uationsGENCY:BoardofGovernorsoftheFedera1.Rcscr,cSystem(Board);ConsumerFinancia1.ProtectionBureau(CFPB);FcdcndDepositInsuranceCorporation(FDIC);Nationa1.CreditUnionAdministration(NCUA
3、);andOfficeoftheComptro1.1.eroftheCUrrenCy(OCC).,1.reasurj,.ACTION:Fina1.interagencyguidance.SUMMARY:TheBoard.CFPB.FDIC.NCUA.andOeC(together,theagencies)areissuingfina1.guidancethathigh1.ightsrisksassociatedwithdeficientresidentia1.rea1.estateva1.uationsandUcscribeshowfinancia1.institutionsmayincorp
4、ra1.ereconsiderationsofva1.ue(ROV)processesandcontro1.sintoestab1.ishedriskmanagementfunctions.Thefina1.guidaea1.soPrOvideSexamp1.esofpo1.iciesandproceduresthatafinancia1.institutionmayChOoSeIoinp1.emen1.tohe1.pidenti1.j.address,andmitigatetheriskofC1.iscriniina1.ionimpactingresidentia1.rea1.estatev
5、a1.uations.DATES:Theguidanceisfina1.asofINSERTDATEOFPUB1.ICATIONINTHEFEDERA1.REGISTER.FORFURTHERINFORMATIONCONTACT:OCC:SiddarthRao.Fair1.endingComp1.iancePo1.icySpecia1.ist,(732)635-2070;O1.utoyinFa1.ade,Fair1.endingComp1.iancePo1.icySpecia1.ist,(972)277-9551;JamesB.Rives.Retai1.CreditRiskSpecia1.is
6、t,(202)649-6594:JoannePhi1.1.ips.Counse1.,orMartaStcwart-Batcs.Counse1.ChiefConscsOffice.(202)649-5490;OfficeoftheComptro1.1.eroftheCurrency,4(X)7thStreet.SW.Washington,DC20219.Ifyouaredeaf,hardofhearing.orhaveaspeechdisabi1.ity,p1.easedia1.7-1-1toaccesste1.ecommunicationsre1.ayservices.Board:DcvynJ
7、cffcrciskSeniorFinancia1.InstitutionPo1.icyAna1.ystI1.DivisionofSupervisionandRegu1.ation.(202)452-2729;KeshiaKing.1.eadSupervisoryPo1.icyAnaIyS1.,DivisionofConsumerandCommunityAffairs.(202)452-2496;TrcvorFcig1.cson.SeniorCounse1.(202)452-3274.orDeraIdSeid.SeniorCounse1.(202)452-2246.1.ega1.Division
8、.ForusersOfte1.ephonesystemsviatextte1.ephone(TTY)oranyTTY-basedTe1.ecommunicationsRe1.ayServices,p1.easeca1.1.711fromanyte1.ephone,anywhereintheUnitedStates;BoardofGovernorsoftheFedera1.ReserveSystem.20thandCStreets.NW.,Washington,DC20551.FDIC:PatrickJ.Mancoske.SeniorExaminationSpecia1.ist.Division
9、ofRiskManagementSupervision,(202)898-7032;StuartHoff.SeniorPo1.icyAna1.yst,DivisionofDepositorandConsumerProtection,(202)898-3852;1.ega1.Division:NavidChoudhury.Counse1.(202)898-6526.nchoudhutyfdic.gov.1.aurenWhitakenCounseI.(202)898-3872,1.whiiukerf(1.ic.goorMarkMe1.1.on.Counse1.(202)S9ii-3SMjnme1.
10、1.onJitic.gov.Federa1.DepositInsuranceCOrPoration.55()171.hStreetNW.,Washington.DC2(29.NCU:NaghiKha1.ed.DirectorofCreditMarkets,orWa1.ondaHo1.1.ins.SeniorCreditSpecia1.ist.OfficeOfExaminationandInsurance.(703)216-5136;ErnestineWard.Director,DivisionofConsumerComp1.iancePo1.icy&Outreach,OiTiCCofConsu
11、merFinancia1.!jrotection.(703)518-6524;Nationa1.CreditUnionAdministration.1775DukeS1.ree1.A1.exandria.VA22314.CFPB:GeorgeKarithanom,OfficeofRegu1.ations,at(202)435-7700orhttps:/reginquiries.consumerfinance.gov/.Ifyourequirethisdocunwntinana1.ternativee1.ectronicformat,p1.easecontactCbPB_Accessibi1.i
12、ty(cfpb.gov.SUPP1.EMENTARYINFORMATION:Tab1.eofContentsI. IntnxIuctionII. DiscussionofCommen1.sonIhePR)PoSedGuidanceA. Genera1.Coinrnen1.sB. Termino1.ogy&Scopei. DescriptionoftheTerm44ROVmii. DescriptionoftheTerms44Coinparab1.eSa1.e1andifcSpecificandVerifiab1.eInformation*iii. ScopeOfTransactionsCove
13、redbytheGuidanceC. CommentsonPrescriptiveversusPrincip1.cs-BascdApproachi. SpecificSuggestionsforAddedPrcscriptivcncssii. Uniformity&StandardizationofROVProcessesiii. Mode1.Forms.Check1.ists.&Po1.iciesD. CommentsonBurdenonInstitutionsE. OtherCommentsSubmittedIII. PaPCrWorkReductionActIV. TextofFina1
14、.InteragencyGuidanceonReconsiderationsofVa1.ueOfResidentiaIRea1.EstateVa1.uationsI.IntroductionTheagenciesareissuingfina1.interagencyguidance(fina1.guidance)onROVsofresidentia1.Fva1.es1.ateva1.uahons.1TheagenciesconsideredtheComnICnISreceivedonIhCproposedguidance,andasaresu1.t,madesevera1.edits(othe
15、fina1.guidance,inc1.udingc1.arifyingtheguidancesscope.Theagenciesarefina1.izingtheguidance1.arge1.yasproposed.Thisguidanceisinten1.cdtohigh1.ightrisksassociatedwithdeficientresidentia1.rea1.estaieva1.uations,describehowfinancia1.institutionsmayincorporateROVprocessesandcontro1.sintoriskmanagementfun
16、ctions,andprovideexamp1.esofROVpo1.iciesandproceduresthatinstitutionsmaychoosetoimp1.ement.Co1.1.atera1.va1.uations,inc1.udingappraisa1.s?arcimportanttotheintegrityoftheresidentia1.rea1.estate1.endingprocess.Deficientco1.1.atera1.va1.uationscancontaininaccuraciesdueio,Thisfina1.WUidiI1.KCisMipcrviwryguidancethatdxniMhaveIhcIorxreandCffCC1.of1.awrregu1.ationanddoe
