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Borrowers get power to challenge appraisals; feds study discrimination database

H.R. 5975 — Appraisal Modernization Act · Filed by Ayanna Pressley (D-MA) · Introduced Nov 7, 2025 · Referred to committee

72%
Transparency
Typical bill: 82%
15/100
Hidden-provision risk
Typical bill: 15/100
Consumer Appraisal Protections & Market…

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What it does

This bill amends the Truth in Lending Act to give mortgage borrowers the right to challenge appraisals they believe are flawed, unsupported, or discriminatory, and requires lenders to review appraisals before delivering them to consumers. It also directs the Comptroller General to study whether the federal government should create a public database of residential appraisal data to monitor whether appraisers and lenders are treating all borrowers and communities fairly.

Why we flagged it

The bill's core mechanism is a consumer right to challenge appraisals and a lender obligation to review them before delivery. The secondary component is a feasibility study for a public appraisal database. Both are aimed at reducing discrimination and improving market fairness, not at narrowly benefiting a sector.

What the text implies

  • Lenders may face increased operational costs and timeline delays from appraisal reviews and reconsideration-of-value procedures, potentially passed to borrowers through higher fees or rates.
  • The public appraisal database, if implemented, could expose patterns of racial or geographic discrimination in home valuations, creating liability and enforcement risk for appraisers and lenders.

The full analysis lists 5 implications of this text.

Who stands to gain

fair housing and fair lending advocacy organizations; consumer legal aid groups; academic researchers studying housing discrimination

Correlative observation from public records — not evidence of coordination or wrongdoing, and not financial advice.
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Quorum analysis of the full bill text · 119th Congress · public record