The National Fair Housing Alliance (NFHA) is applauding the Property Appraisal and Valuation Equity (PAVE) Task Force for releasing four critically-important initiatives to promote fair and consistent home appraisals and valuations. First, following a robust proposal by the Consumer Financial Protection Bureau (CFPB), six of the PAVE Task Force agencies will issue a proposed rule to set quality control standards for Automated Valuation Models (AVMs), including the addition of a nondiscrimination standard.
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