NAR Letter to Federal Agencies Advocating for Solutions That Will Increase Diversity, Reduce Bias and Maintain the Public Trust in the Appraisal Profession

Issue Date: February 28, 2024

NAR sent a letter to HUD,OCC, FHFA, NCUA, FDIC, FRB, and CFPB advocating for solutions that will increase diversity, reduce bias and maintain the public trust in the appraisal profession. Among those solutions are legal clarity from HUD regarding claims of appraisal discrimination as well as transparency and accountability in appraiser compensation.