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CFPB Director Rohit Chopra on junk fees, the new AVM rule and more
HousingWire Daily
CFPB Rule on AVMs and Technology in Mortgage Market
Exploration of the new CFPB rule on Automated Valuation Models (AVMs) and technology's impact on appraisals and the mortgage industry, including discussions on algorithmic checks, vendor consolidation, automation effects on consumers and lenders, CFPB's role, open banking for competition, and leveraging open technologies for fair practices.
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