Joint Letter: Letter urging the CFPB to oppose the banking agencies’ proposal to raise the appraisal exemption threshold
Letter urging the CFPB to oppose the banking agencies’ proposal to raise the appraisal exemption threshold
Letter urging the CFPB to oppose the banking agencies’ proposal to raise the appraisal exemption threshold
Letter to the OCC, FDIC, and Fed opposing proposal to raise the appraisal exemption threshold
AFREF joined a letter to the OCC, FRB, and FDIC opposing the proposed threshold increase.
Several safeguards are critical to ensure that bank loan programs—particularly those designed for financially distressed consumers—promote financial inclusion rather than exacerbate financial exclusion and distress.