---
kind: "section"
citation: "12 C.F.R. § 1222.29"
title: "12"
number: "1222.29"
heading: "Quality control standards."
url: "https://uscodex.org/cfr/12/1222.29"
---

# §1222.29. Quality control standards.


Mortgage originators and secondary market issuers that engage in credit decisions or covered securitization determinations themselves, or through or in cooperation with a third-party or affiliate, must adopt and maintain policies, practices, procedures, and control systems to ensure that automated valuation models used in these transactions adhere to quality control standards designed to:

- (a) Ensure a high level of confidence in the estimates produced;
- (b) Protect against the manipulation of data;
- (c) Seek to avoid conflicts of interest;
- (d) Require random sample testing and reviews; and
- (e) **Comply with applicable nondiscrimination laws.**

## Notes

### Source

Source: 90 FR 64579, Aug. 7, 2024, unless otherwise noted.

### Authority

Authority: 12 U.S.C. 3354(b); 12 U.S.C. 4501 et seq.; 12 U.S.C. 4526; and 15 U.S.C. 1639h.

### Source

Source: 78 FR 10446, Feb. 13, 2013, unless otherwise noted.