Institutions regulated by the Dept of Treasury, OCC, OTS, NCUA or CFPB have to worry about independent validation of every model that they use, especially AVMs, which can have such a significant business impact.
We regularly help banks and credit unions who have had a regulator inquire about their use of AVMs. Even if a regulator has identified findings in an MRA, we can help.
We can help in two ways:
- Satisfying the need for independent validation of AVMs
- Consulting on compliant use of AVMs, including policies and procedures around their use and the implementation of best practices
Contact us at 800-240-1049 Or 805-421-5056, or
Or, use this form to ask a question