S. 2322
Introduced in Senate · July 31, 2025July 17, 2025
Mr. Warnock (for himself, Ms. Alsobrooks, Ms. Blunt Rochester, Mr. Kim, Mr. Booker, and Ms. Warren) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs
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.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. Short title.
This Act may be cited as the “Appraisal Modernization Act”.