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.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
The bill requires loosens a loan guarantee, compliance mandate, exemption provision: 2, requires loosens a loan guarantee, compliance mandate, exemption provision: 1313C, and expands a appropriation, loan guarantee, reporting req provision: 3. It relies on loan guarantees, compliance mandates, exemptions, and appropriations. The main policy areas are Defense and Finance.
Who Benefits and How
The available clause analysis does not identify a specific beneficiary group.
Who Bears the Burden and How
No clear private burden is identified from the available clause analysis; implementing agencies may still take on administrative work.
Key Provisions
- Requires loosens a loan guarantee, compliance mandate, exemption provision: 2.
- Requires loosens a loan guarantee, compliance mandate, exemption provision: 1313C.
- Expands a appropriation, loan guarantee, reporting req provision: 3.
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for primary purpose and policy domains.
At a Glance
What This Bill Does
The bill requires loosens a loan guarantee, compliance mandate, exemption provision: 2, requires loosens a loan guarantee, compliance mandate, exemption provision: 1313C, and expands a appropriation, loan guarantee, reporting req provision: 3.
Key Policy Areas
Defense, Finance
Primary Purpose
The bill requires loosens a loan guarantee, compliance mandate, exemption provision: 2, requires loosens a loan guarantee, compliance mandate, exemption provision: 1313C, and expands a appropriation, loan guarantee, reporting req provision: 3.
Policy Domains
Sponsors
Legislative Progress
IntroducedMr. Warnock (for himself, Ms. Alsobrooks, Ms. Blunt Rochester, Mr. …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "secretary_of_agriculture"
- → Secretary of Agriculture
- "secretary_of_housing_and_urban_development"
- → Secretary of Housing and Urban Development
Key Definitions
Terms defined in this bill
an appraisal report that—(i)uses unsupported or subjective terms to assess or rate the property without providing a foundation for analysis and contextual information
the submission of a consumer’s financial information for the purposes of obtaining an extension of credit.(2)DwellingThe term dwelling—(A)means a 1-to-4 unit residential structure, whether or not attached to real property
the submission of a consumer’s financial information for the purposes of obtaining an extension of credit. The term dwelling— means a 1-to-4 unit residential structure, whether or not attached to real property
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology