Creates a public database of home appraisal data and gives homeowners a way to challenge unfair appraisals.
This bill would create a public online database of home appraisal information. This would make it easier to see if appraisals are fair and consistent. It would also give people applying for a mortgage a clear process to challenge an appraisal if they think it's wrong or discriminatory.
Currently, there is no central public database for home appraisal information, and people don't have a standardized way to challenge an appraisal they think is unfair. This bill would create a public, searchable online database of detailed appraisal data and would require banks to set up a clear process for consumers to request a review or a new appraisal for their mortgage loan.
S 2322 · 119th Congress · July 17, 2025 · AI Summary by gemini-2.5-flash · 9/10
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3 filings mentioned this bill
Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.