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These Senators Sit on the Committee on Banking, Housing, and Urban Affairs currently considering H.R.3619, the Appraisal Fee Transparency Act of 2019.
Contact Your Senators Today!
Chairman
Mike Crapo
(R – ID)
Phone: (208) 334-1776
Email: Click to Email
Ranking Member
Sherrod Brown
(D – OH)
Phone: (888) 896-6446
Email: Click to Email
Majority
Richard C. Shelby
(R – AL)
Phone: (202) 224-5744
Email: Click to Email
Patrick J. Toomey
(R – PA)
Phone: (601) 434-1444
Email: Click to Email
Tim Scott
(R – SC)
Phone: (803) 771-6112
Email: Click to Email
Ben Sasse
(R – NE)
Phone: (202) 224-4224
Email: Click to Email
Tom Cotton
(R – AR)
Phone: (202) 224-2353
Email: Click to Email
Mike Rounds
(R – SD)
Phone: (202) 224-5842
Email: Click to Email
David Perdue
(R – GA)
Phone: (202) 224-3521
Email: Click to Email
Thom Tillis
(R – NC)
Phone: (202) 224-6342
Email: Click to Email
John Kennedy
(R – LA)
Phone: (202) 224-4623
Email: Click to Email
Martha McSally
(R – AZ)
Phone: (202) 224-2235
Email: Click to Email
Jerry Moran
(R – KS)
Phone: (202) 224-6521
Email: Click to Email
Kevin Cramer
(R – ND)
Phone: (202) 224-2043
Email: Click to Email
Minority
Jack Reed
(D – RI)
Phone: (202) 224-4642
Email: Click to Email
Robert Menendez
(D – NJ)
Phone: (202) 224-4744
Email: Click to Email
Jon Tester
(D – MT)
Phone: (202) 224-2644
Email: Click to Email
Mark R. Warner
(D – VA)
Phone: (202) 224-2023
Email: Click to Email
Elizabeth Warren
(D – MA)
Phone: (202) 224-4543
Email: Click to Email
Brian Schatz
(D – HI)
Phone: (202) 224-3934
Email: Click to Email
Chris Van Hollen
(D – MD)
Phone: (202) 224-4654
Email: Click to Email
Catherine Cortez Masto
(D – NV)
Phone: (202) 224-3542
Email: Click to Email
Doug Jones
(D – AL)
Phone: (202) 224-4124
Email: Click to Email
Tina Smith
(D – MN)
Phone: (202) 224-5641
Email: Click to Email
Kyrsten Sinema
(D – AZ)
Phone: (202) 224-4521
Email: Click to Email
This page is sponsored by OREP!
Save on your E&O insurance AND your CE in 2019!
OREP insureds/members now enjoy 14 hours of Approved Online Continuing Education, FREE! These courses are designed to improve your professional skills, lower your liability and help you protect your business.Click here for a list of Approved states. Shop OREP Today!
“I switched my E&O insurance to OREP last month and saved $349 bucks.” —Dave M. |
by Maryland Certified Residential Appraiser
Vote YES to pass H.R. 3619 BECAUSE TRANSPARENCY IS FAIR AND NEEDED FOR THE PROTECTION OF THE AMERICAN CONSUMERS.
-by Tina Langton
USPAP was established to promote and maintain a high level of public trust, however HVCC and Dodd-Frank have not allowed for an accurate and true representation of the appraisers compensation. Aside from the time spent on email blasts attempting to find the least expensive appraiser, a less qualified individual (geographically, type of property, etc.) may also result in additional time delays due to underwriter concerns, lender or investor requirements not being met and revisions further eroding the reputation of the appraisal profession. With proper education, borrowers would understand the educational requirements and expertise of appraisers, our role in the lending process and would be better prepared to compensate appraisers as they would any other professional they engage.
-by Howard J McDermott
Please pass this bill to have AMC’s post their fee on each appraisal. As they often times delay the lending process for weeks as they seek bids with the lowest fees. This should help speed up the process.
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