AI Supports Legislation Focused on Fairness in Valuation

Originally published on March 9, 2021 by Chairwoman Waters and Ranking Member McHenry.

The Appraisal Institute on March 9 sent a letter to the House Committee on Financial Services expressing its support for the Real Estate Valuation Fairness and Improvement Act of 2021. The legislation would establish an interagency task force to analyze federal collateral underwriting standards and guidance and provide resources for promoting diversity in the valuation profession.

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