Proposed VA Appraisal Law Looks to Even the Playing Field

HousingWire, May 23, 2022–Maria Volkova
A piece of legislation introduced in the Senate in mid-May could streamline the appraisal process for VA loans. The legislation would modernize the Department of Veteran Affairs‘ appraisal requirements by allowing desktop appraisals, and in some circumstances, waving appraisals all together. Currently, all VA appraisals must be performed in-house. The Mortgage Bankers Association supports the legislation.
https://www.housingwire.com/articles/proposed-va-appraisal-law-looks-to-even-the-playing-field/