source:
  type: regulation
  id: occ-12cfr-34.220
  authority: 12 CFR Part 34 — Real Estate Lending, Appraisals & AVMs (OCC) § 34.220 — Authority, purpose, and scope
  description: '12 CFR Part 34 — Real Estate Lending, Appraisals & AVMs (OCC), §34.220 Authority, purpose, and scope.
    Captured section-complete (all subsections verbatim).

    '
obligations:
- id: occ-12cfr-34.220-a
  canonical_id: occ-12cfr-34.220-a
  section: 12 CFR §34.220(a)
  description: 'Authority, purpose, and scope — (a): (a) Authority. This subpart is issued pursuant to section 1125
    of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989, 12 U.S.C. 3354, as added by section
    1473(q) of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Pub. L. 111-203, 124 Stat. 1376, 2198
    (2010)).'
  type: reference
  tags:
  - regulator-direct
  - gap-fill
  - section-complete
  primary_source:
    tier: 1
    authority: 12 CFR Part 34 — Real Estate Lending, Appraisals & AVMs (OCC) § 34.220
    source_class: ecfr-xml
    source_url: https://www.ecfr.gov/current/title-12/chapter-I/part-34
    snapshot_id: b9176c4f9bb030c2
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:c27331ba5c7759b1bc066ef9a0c6d88aac17a04f5ea45ac55bff64410cc28fef
    paragraph_quote: (a) Authority. This subpart is issued pursuant to section 1125 of the Financial Institutions
      Reform, Recovery, and Enforcement Act of 1989, 12 U.S.C. 3354, as added by section 1473(q) of the Dodd-Frank
      Wall Street Reform and Consumer Protection Act (Pub. L. 111-203, 124 Stat. 1376, 2198 (2010)).
    drafter_attestation: Verbatim (whitespace-normalized) slice of §34.220 subsection (a) from snapshot b9176c4f9bb030c2;
      substring-verified.
  judgment: false
- id: occ-12cfr-34.220-b
  canonical_id: occ-12cfr-34.220-b
  section: 12 CFR §34.220(b)
  description: 'Authority, purpose, and scope — (b): (b) Purpose and scope. (1) The purpose of this subpart is to
    implement the quality control standards in section 3354 of title 12 for the use of automated valuation models
    in determining the value of collateral in connection with making a credit decision or covered securitization
    determination regard…'
  type: reference
  tags:
  - regulator-direct
  - gap-fill
  - section-complete
  primary_source:
    tier: 1
    authority: 12 CFR Part 34 — Real Estate Lending, Appraisals & AVMs (OCC) § 34.220
    source_class: ecfr-xml
    source_url: https://www.ecfr.gov/current/title-12/chapter-I/part-34
    snapshot_id: b9176c4f9bb030c2
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:c27331ba5c7759b1bc066ef9a0c6d88aac17a04f5ea45ac55bff64410cc28fef
    paragraph_quote: '(b) Purpose and scope. (1) The purpose of this subpart is to implement the quality control
      standards in section 3354 of title 12 for the use of automated valuation models in determining the value of
      collateral in connection with making a credit decision or covered securitization determination regarding a
      mortgage or mortgage-backed security. This subpart applies to entities regulated by the OCC that are mortgage
      originators or secondary market issuers. (2) This subpart does not apply to the use of automated valuation
      models in:'
    drafter_attestation: Verbatim (whitespace-normalized) slice of §34.220 subsection (b) from snapshot b9176c4f9bb030c2;
      substring-verified.
  judgment: false
- id: occ-12cfr-34.220-i
  canonical_id: occ-12cfr-34.220-i
  section: 12 CFR §34.220(i)
  description: 'Authority, purpose, and scope — (i): (i) Monitoring of the quality or performance of mortgages or
    mortgage-backed securities; (ii) Reviews of the quality of already completed determinations of the value of
    collateral; or (iii) The development of an appraisal by a certified or licensed appraiser.'
  type: reference
  tags:
  - regulator-direct
  - gap-fill
  - section-complete
  primary_source:
    tier: 1
    authority: 12 CFR Part 34 — Real Estate Lending, Appraisals & AVMs (OCC) § 34.220
    source_class: ecfr-xml
    source_url: https://www.ecfr.gov/current/title-12/chapter-I/part-34
    snapshot_id: b9176c4f9bb030c2
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:c27331ba5c7759b1bc066ef9a0c6d88aac17a04f5ea45ac55bff64410cc28fef
    paragraph_quote: (i) Monitoring of the quality or performance of mortgages or mortgage-backed securities; (ii)
      Reviews of the quality of already completed determinations of the value of collateral; or (iii) The development
      of an appraisal by a certified or licensed appraiser.
    drafter_attestation: Verbatim (whitespace-normalized) slice of §34.220 subsection (i) from snapshot b9176c4f9bb030c2;
      substring-verified.
  judgment: false
