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Consumer Financial Protection Bureau CFPB Director Rohit Chopra has said the new report from the Interagency Task Force on Property Appraisal and Valuation Equity PAVE underscores the critical importance of fair and accurate appraisals in residential real estate. Discriminatory home valuations, whether computed by an algorithm or conducted in-person, undermine longstanding goals for fair housing and fair lending across our country, he said.He said the CFPB would be taking
kubki stanley more active leadership in the Appraisal Subcommittee of the Federal Financial Institutions Examination Council. The CFPB will be looking closely at The Appraisal Foundation, which sets standards for appraisal professionals.In addition, the CFPB will be working with a dormant authority in federal law to make sure theres fairness in algorithmic valuations. We will also be taking additional steps through our research, through our supervisory examinations of financial institutions and their service providers, and through law enforcement actions, the statement from Chopra said. We welcome in
stanley canada put and engagement from the public, the professional appraiser community, and across the residential real estate industry. See also: CFPB Releases Policy Guidance Related to Fake and Dishonest ReviewsPYMNTS wrote that the CFPB has announced new policies on customer reviews.Tho
stanley quencher se will look into potentially illegal practices and will make sure customers can write reviews that accurately reflect how they feel.According Panq Pegasystems Rolls Out KYC Aid For Banks
Mobile-commerce spending continues to grow. In fact, this years second quarter surprised many with a 47 percent year-over-year boost after several quarters of growth primarily was in the mid-20s, new research shows.By comparison, eCommerce growth overall was up just 10 percent, suggesting desktop-based eCommerce is softening. Total discretionary spending was up 3 percent during the quarter, comScore noted in a report released last week.The companys eCommerce findings appear to parallel information the U.S. Census Bureau released a week earlier. It reported seasonally adjusted second quarter eCommerce growth of 15.7 percent year over year. Total retail sales during the same period were up 4.4 percent, to $1.17 trillion, with eCommerce sales of $75 billion representing 6.4 percent of total r
stanley cup etail sales, the bureau said. Its report did not examine mCommerce trends.Although 47 percent growth is headline-worthy, comScore tempered it a bit, noting mCommerce tends to see a seasonal-share dip during the spring months. This actually makes sense given that mCommerce is still an emerging market, and we often see these behaviors amplified during both the peaks and valleys throughout the year, the research company said.Indeed, though the 47 percent growth rate was impressive, mCommerce as a percentage of total digital commerce
stanley quencher was not exceptionally high at 11.1 percent, but it was high relative to previous second quarters, w
stanley us hich were soft for mCommerce relative to other quarters, the
