S 1635
Appraisal Industry Improvement Act
Jurisdiction
US Congress
Session
119th Congress (2025-2026)
Last updated at
Jun 14, 2026, 7:37 AM
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Sign in to take action- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Bill overview
The Appraisal Industry Improvement Act aims to modernize the process of real estate appraisals, particularly those related to federally insured mortgages. It allows state-licensed appraisers to perform appraisals in states outside their own, requires them to meet specific competency standards, and establishes a national registry that includes trainee appraisers. The bill also addresses fees for appraisal management companies and provides grants to states to support appraiser workforce development.
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