House Approves Real Estate Valuation Fairness Legislation

Oriignally published on April 21, 2021, for the Appraisal Institute.

The House Financial Services Committee on April 20 approvedĀ HR 2553, the Real Estate Valuation Fairness and Improvement Act, legislation that would establish an interagency task force to analyze federal collateral underwriting standards and guidance, and provide resources for promoting diversity within the valuation profession. The bill now moves to a full House vote, but no date has been set.

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