On September 28, 2026, Eval.com filed a comment letter with the Federal Reserve, FDIC, OCC, and NCUA supporting their proposed Third-Party Risk Management Guidance and urging that vendor oversight be proportionate to risk. We asked the agencies to provide examples for classifying lower-risk relationships, to confirm that institutions may rely on existing controls such as the Interagency Appraisal and Evaluation Guidelines and the AVM quality-control standards rule, and to allow reliance on a current SOC 2 Type II report in place of custom questionnaires or on-site audits. Read below and contact us with any questions on impacts on real estate valuation.
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