Establishes a cloud-based Portal for Appraiser Credentialing and AMC Registration Information.
The bill amends the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 to establish a cloud-based Portal for Appraiser Credentialing and AMC Registration Information. The Portal will serve as a central depository for license, certification, and registration applications and renewals for appraisers and appraisal management companies. It will also provide connectivity with state agencies for access to application and renewal information, including background check information.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
Analyze for Free
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.