Following his appearance yesterday before the House Subcommittee on Housing, Community Development and Insurance to advocate passage of HR 2852, which would allow licensed appraisers to perform appraisals for Federal Housing Administration (FHA) loans, Appraisal Institute President Stephen S. Wagner is expressing optimism that the legislation will find its way through a Congress which seems to become increasingly divided along party lines.
“We have positive thoughts on that,” said Wagner in an interview with National Mortgage Professional. “I don’t see where there’s much criticism with this, as it seems to be reasonably well accepted. We’ve not heard any resistance to it.”
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