Bill
Bill > HR3561
US HR3561
US HR3561To amend title 38, United States Code, to permit appraisers approved by the Secretary of Veterans Affairs to make appraisals for purposes of chapter 37 of such title based on inspections performed by third parties.
summary
Introduced
07/28/2017
07/28/2017
In Committee
10/12/2017
10/12/2017
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
115th Congress
Bill Summary
To amend title 38, United States Code, to permit appraisers approved by the Secretary of Veterans Affairs to make appraisals for purposes of chapter 37 of such title based on inspections performed by third parties. This bill directs the Department of Veterans Affairs (VA) to permit a VA-approved appraiser to make a housing loan appraisal based solely on information gathered by a person with whom the appraiser has entered into an agreement for such services.
AI Summary
This bill directs the Department of Veterans Affairs (VA) to permit a VA-approved appraiser to make a housing loan appraisal based solely on information gathered by a third-party with whom the appraiser has an agreement for such services. This would allow VA-approved appraisers to rely on inspections performed by third parties rather than having to conduct the inspections themselves for the purposes of the VA's home loan program (Chapter 37 of Title 38, United States Code).
Committee Categories
Military Affairs and Security
Sponsors (5)
Last Action
Ordered to be Reported in the Nature of a Substitute by Voice Vote. (on 10/12/2017)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/115th-congress/house-bill/3561/all-info |
| BillText | https://www.congress.gov/115/bills/hr3561/BILLS-115hr3561ih.pdf |
| Bill | https://www.congress.gov/115/bills/hr3561/BILLS-115hr3561ih.pdf.pdf |
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