Appraisal Modernization Act

Hozzl · 2025-08-01T03:53:18Z

Explore the details of Senate Bill 2322 Appraisal Modernization Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on undefined. Stay informed on legislative developments.

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.

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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

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Policy 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.