In a declining mortgage origination environment, lenders are looking to cut costs wherever possible, often by automating processes. One area where automation is gaining acceptance is appraisals. However, as automated valuation models grow in popularity with lenders and the government-sponsored enterprises, AVMs have also gained the notice of regulators. Guidance on AVMs is scarce, though the Office of the Comptroller of the Currency has addressed valuation shopping and lenders expect that more detailed guidance is…