Appraisal Industry Improvement Act

Hozzl · 2025-05-27T13:10:17Z

Explore the details of Senate Bill 1635 Appraisal Industry Improvement Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Finance and Financial Sector. Stay informed on legislative developments.

5/27/2025, 1:10 PM

Summary of Bill S 1635

The bill "A bill to amend the National Housing Act to authorize State-licensed appraisers to conduct appraisals in connection with mortgages insured by the FHA and to ensure compliance with the existing appraiser education and competency requirements, and for other purposes" was introduced in the 119th Congress on May 7, 2025.

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Current Status of Bill S 1635

Bill S 1635 is currently in the status of Bill Introduced since May 7, 2025. Bill S 1635 was introduced during Congress 119 and was introduced to the Senate on May 7, 2025. Bill S 1635's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of May 7, 2025

Bipartisan Support of Bill S 1635

Total Number of Sponsors

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Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

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Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill S 1635

Primary Policy Focus

Finance and Financial Sector

Alternate Title(s) of Bill S 1635

A bill to amend the National Housing Act to authorize State-licensed appraisers to conduct appraisals in connection with mortgages insured by the FHA and to ensure compliance with the existing appraiser education and competency requirements, and for other purposes.