Legislative

Strengthening Oversight and Equity in the Appraisal Process

Date:   Thursday, March 24, 2022 Time:   10:00 AM Location:   Dirksen Senate Office Building 538

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Topic

The COMMITTEE ON BANKING, HOUSING, AND URBAN AFFAIRS will meet in OPEN SESSION, HYBRID FORMAT to conduct a hearing entitled, “Strengthening Oversight and Equity in the Appraisal Process.” The witnesses will be: Ms. Melody Taylor, Executive Director, Property Appraisal and Valuation Equity Interagency Task Force and Regional Director, Office of Fair Housing and Equal Opportunity, Region III, Department of Housing and Urban Development; and Mr. James Park, Executive Director, Appraisal Subcommittee of the Federal Financial Institutions Examination Council.

Pursuant to guidance from the CDC and OAP, Senate office buildings are not open to the public other than official business visitors and credentialed press at this time. Accordingly, in-person visitors cannot be accommodated at this briefing. We encourage the public to utilize the Committee’s livestream of the hearing, available on the website at http://www.banking.senate.gov.

All hearings are webcast live and will not be available until the hearing starts. Individuals with disabilities who require an auxiliary aid or service, including closed captioning service for webcast hearings, should contact the committee clerk at 202-224-7391 at least three business days in advance of the hearing date.

Member Statements

  1. Chairman Sherrod Brown (D - OH)
  2. Ranking Member Patrick J. Toomey (R - PA)

Witnesses

  1. Ms. Melody Taylor
    Executive Director, Property Appraisal
    and Valuation Equity Interagency Task Force and Regional Director, Office of Fair Housing and Equal Opportunity, Region III, Department of Housing and Urban Development
  2. Mr. James Park
    Executive Director
    Appraisal Subcommittee of the Federal Financial Institutions Examination Council