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Appraisal Modernization Act
8/1/2025, 3:53 AM
Summary of Bill S 2322
The bill introduced in the 119th Congress with the title "A bill to amend the Federal Housing Enterprises Safety and Soundness Act of 1992" aims to enforce efficiency and consistency in the services provided by financial institutions, appraisal management companies, appraisers, and other valuation professionals to all mortgage loan applicants, borrowers, and communities within the housing market.
Read the Full Bill
Current Status of Bill S 2322
Bill S 2322 is currently in the status of Bill Introduced since July 17, 2025. Bill S 2322 was introduced during Congress 119 and was introduced to the Senate on July 17, 2025. Bill S 2322's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of July 17, 2025
Bipartisan Support of Bill S 2322
Total Number of Sponsors
4Democrat Sponsors
4Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
11Democrat Cosponsors
11Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 2322
Primary Policy Focus
Alternate Title(s) of Bill S 2322
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.
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.
Comments
Sponsors and Cosponsors of S 2322
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