S. 1722Senate116th Congress (2019-2021)In Committee

FHA Appraiser Eligibility Expansion Act

Sponsored by John ThuneSen. John Thune (R-SD)
Introduced June 5, 2019

AI-Generated Summary

Updated April 14, 2026 at 5:49 AM UTC

The FHA Appraiser Eligibility Expansion Act changes the National Housing Act so that any appraiser who is licensed or certified by the state where the property is located can perform appraisals for mortgages insured by the Federal Housing Administration (FHA). To do so, the appraiser must know the USPAP standards, meet FHA competency rules, and complete verified FHA‑approved education. The law also directs HUD to issue guidance on how the new rules will work.

Key Provisions

  • State‑licensed or certified appraisers become eligible to appraise FHA‑insured mortgages, provided they meet specific knowledge, competency, and education requirements.
  • Appraisers must demonstrate knowledge of USPAP, meet FHA competency standards, and complete a verified training course approved by FHA or the Appraiser Qualification Board.
  • Appraisers approved before the new rules take effect are exempt from the new education requirement, but all others must comply.
  • HUD must publish a mortgagee letter or regulations within 240 days of the law’s enactment, outlining the exact approval criteria and a process for showing prior competency.
  • The new rules become effective 180 days after HUD issues the guidance.

Legislative Activity

Stay on top of the latest movement without scrolling through every action

1 earlier action
SenateIntro Referral Latest Action

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text: CR S3255-3256)

June 5, 2019

View full timeline
SenateIntro Referral

Introduced in Senate

June 5, 2019

SenateIntro Referral

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text: CR S3255-3256)

June 5, 2019

Floor Debate

6 members

What members said about S. 1722 on the floor

2 Republicans4 Democrats
Mike Lee
Sen. Mike LeeR-UT · Jun 5, 2019

Mr. President, President Trump was famous for many things even before he was elected. One of those things was the catch-phrase ``You're fired,'' which he popularized on his reality TV show ``The…

Dianne Feinstein
Sen. Dianne FeinsteinD-CA · Jun 5, 2019

Mr. President, I rise today to introduce legislation that will address one of the most pressing immigration problems facing our nation. For the past decade, thousands of families have fled violence…

Thomas R. Carper
Sen. Thomas R. CarperD-DE · Jun 5, 2019

Mr. President, today I am once again introducing legislation to allow the District of Columbia to receive funding and other benefits under the Coastal Zone Management Act. I am pleased to offer this…

Ron Wyden
Sen. Ron WydenD-OR · Jun 5, 2019

Mr. President, today I am introducing a set of three bills that will lower the cost of energy storage, increase flexibility in the power grid, and create a comprehensive set of grant programs to…

Richard J. Durbin
Sen. Richard J. DurbinD-IL · Jun 5, 2019

Mr. President, I ask unanimous consent that the text of the bill be printed in the Record. There being no objection, the text

Show 2 more
John Thune
Sen. John ThuneR-SD · Jun 5, 2019

Mr. President, I ask unanimous consent that the text of the bill be printed in the Record.

John Thune
Sen. John ThuneR-SD · Jun 5, 2019

Mr. President, I ask unanimous consent that the text of the bill be printed in the Record.

Bill Text

Latest available legislative text

Reading Mode
Latest
Introduced in SenateIssued June 5, 2019

II

116th CONGRESS

1st Session

S. 1722

IN THE SENATE OF THE UNITED STATES

June 5, 2019

Mr. Thune (for himself, Mr. Tester, Mr. Hoeven, Mr. King, Mr. Rounds, and Ms. Smith) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs

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.

1.

Short title

This Act may be cited as the FHA Appraiser Eligibility Expansion Act.

2.

Appraiser standards

(a)

Certification or licensing

(1)

In general

Section 202(g)(5) of the National Housing Act (12 U.S.C. 1708(g)(5)) is amended by striking subparagraphs (A) and (B) and inserting the following:

(A)

be certified or licensed by the State in which the property to be appraised is located;

(B)

be knowledgeable of the Uniform Standards of Professional Appraisal Practice and the appraisal requirements established by the Federal Housing Administration;

(C)

meet the competency requirements described in the Uniform Standards of Professional Appraisal Practice before accepting an assignment; and

(D)

have demonstrated verifiable education in the appraisal requirements established by the Federal Housing Administration under this subsection, which shall include the completion of a course or seminar that educates appraisers on those appraisal requirements and is provided by the Federal Housing Administration or is approved by the Course Approval Program of the Appraiser Qualification Board of the Appraisal Foundation or a State appraiser certifying and licensing agency.

.

(2)

Application

Subparagraph (D) of section 202(g)(5) of the National Housing Act (12 U.S.C. 1708(g)(5)), as added by paragraph (1), shall not apply with respect to any appraiser approved by the Federal Housing Administration to conduct appraisals on mortgages insured under title II of the National Housing Act (12 U.S.C. 1707 et seq.) on or before the date on which the mortgagee letter or other guidance or regulations take effect under subsection (c)(3).

(b)

Compliance with verifiable education and competency requirements

Effective beginning on the date on which the mortgagee letter or other guidance or regulations take effect under subsection (c)(3), no appraiser may conduct an appraisal for any mortgage insured under title II of the National Housing Act (12 U.S.C. 1707 et seq.) unless—

(1)

the appraiser is in compliance with the requirements under subparagraphs (A), (B), and (C) section 202(g)(5) of such Act (12 U.S.C. 1708(g)(5)), as amended by subsection (a); and

(2)

if the appraiser was not approved to conduct such appraisals before the date on which the mortgagee letter or other guidance or regulations take effect under subsection (c)(3), the appraiser is in compliance with subparagraph (D) of such section 202(g)(5).

(c)

Implementation

Not later than the 240 days after the date of enactment of this Act, the Secretary of Housing and Urban Development shall issue a mortgagee letter or other guidance or regulations that shall—

(1)

implement the amendments made by subsection (a);

(2)

clearly set forth all of the specific requirements under section 202(g)(5) of the National Housing Act (12 U.S.C. 1708(g)(5)), as amended by this Act, for approval to conduct appraisals under title II of such Act (12 U.S.C. 1707 et seq.), which shall include—

(A)

providing that, before the effective date of the mortgagee letter or other guidance or regulations, a demonstration of competency and completion of training that meet the requirements under subparagraphs (B), (C), and (D) of such section 202(g)(5), as amended by subsection (a), shall be considered to fulfill the requirements under such subparagraphs; and

(B)

providing a method for appraisers to demonstrate such prior competency and completion; and

(3)

take effect not later than the date that is 180 days after the date on which the Secretary issues the mortgagee letter or other guidance or regulations.