In an effort to promote affordable housing, Senator Kamala Harris and Representative Maxine Waters recently introduced a new piece of legislation known as the “Housing is Infrastructure Act of...

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Earlier this summer, the U.S. House of Representatives was introduced to the Appraisal Reform Act of 2019 (or HR 3619), which if passed would amend TRID by requiring the appraisal management fee...

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“The Homebuyer Assistance Act of 2019”, which is designed to address the current shortage of certified appraisers (particularly for FHA mortgages), was recently advanced by the House Financial...

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Several Democrats in both the Senate and House of Representatives have introduced a new bill to bring back an old Dodd-Frank reporting requirement on loan quality criteria, which was repealed last...

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The Appraisal Standards Board (ASB) of The Appraisal Foundation recently announced that it has issued a 4th Exposure Draft for the 2020-2021 edition of the Uniform Standards of Professional...

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The FDIC, OCC, and Board of Governors of the Federal Reserve recently issued a proposal that would increase the threshold for residential real estate transactions that require an appraisal to...

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