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Appraisal Modernization Act

Official title: A bill to amend the Federal Housing Enterprises Safety and Soundness Act of 1992 to require that financial institutions, appraisal management companies, appraisers, and other valuation professionals are serving the housing market in a manner that is efficient and consistent for all mortgage loan applicants, borrowers, and communities, and for other purposes.

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What Happened in Congress?

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Where the Bill Stands

  1. Introduced, done
  2. Committee, current stage
  3. Floor Vote, not yet
  4. Outcome, not yet

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Timeline

  1. Library of CongressIntroduced in Senate
  2. SenateRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  3. Introduced
  4. Committee

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