,i  #aaf? ,,congress  #b;d ,session  ,h4
 ,r4 #fcfi  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,m>* #bc1 #bjbj,mr4   
,%]man introduc$ ! foll[+ bill2 :i* 0   
ref]r$ to ! ,committee on ,f9ancial     
,s]vices  ,a ,,bill  ,to waive c]ta9    
requirem5ts ) respect to 9-p]son        
appraisals1 & = o!r purposes4  #a4 ,f9d+
 ,! ,congress f9ds t z ! c\ntry cont9ues
 to grapple ) ! impact ( ! spread (     
,,covid-#ai1 sev]al adju/m5ts are ne$$  
to ensure t mortgage process+ c cont9ue 
to function )\t significant delays1     
despite requirem5ts t w\ld o!rwise      
require 9-p]son int]actions4  #b4 ,waiv]
 ( 9-p]son requirem5ts  7a7 ,waiv]  7#a7
 ,9 g5]al ,until ! end ( ! ,,covid-#ai  
em]g5cy1 any appraisal t is conduct$ = a
 loan ) respect to :i* applicable law   
w\ld o!rwise require ! p]=mance ( an    
int]ior inspection may be p]=m$ )\t an  
int]ior inspection1 if-- 7,a7 an ext]ior
 inspection is p]=m$ 9 conjunction ) o!r
 me?ods to maximize cr$ibility1 includ+ 
v]ifiable contemporane\s video or       

photographic docum5tation by ! borr[] & 
borr[] obs]vations2 &  7,b7 ! applicable
 l5d]1 gu>antor1 regulat+ ag5cy1 or     
insur] may ord] additional s]vices to   
include an int]ior inspection at a lat] 
date4  7#b7 ,/ipulation ,an apprais]    
conduct+ an appraisal )\t an int]ior    
inspection pursuant to ?is section %all 
/ipulate an extraord9>y assumption t !  
prop]ty's int]ior quality1 condition1 & 
physical *>act]i/ics are z describ$ &   
consi/5t ) ! ext]ior view1 & %all employ
 all available me?ods to maximize       
accuracy :ile ma9ta9+ safety4  7b7      
,rulemak+ ,n lat] ?an ! end ( ! #a-week 
p]iod beg9n+ on ! date ( enactm5t ( ?is 
,act1 ! ,f$]al ,h\s+ ,commission] ( !   
,f$]al ,h\s+ ,ag5cy & ! ,director ( !   
,f$]al ,h\s+ ,f9ance ,ag5cy %all issue  
su* rules or guidance z may be necess>y 
to ensure t su* ag5cies1 ! ,f$]al ,home 
,loan ,mortgage ,corporation1 ! ,f$]al  
,national ,mortgage ,association1 & !   
,f$]al home loan banks make any         
adju/m5ts to mortgage process+          

requirem5ts t may be necess>y to provide
 flexibility to avoid 9-p]son           
int]actions :ile pres]v+ ! goals ( !    
programs & consum] protection4  7c7     
,,covid-#ai em]g5cy def9$ ,9 ?is        
section1 ! t]m ,,covid-#ai em]g5cy means
 ! p]iod t beg9s ^u ! date ( ! enactm5t 
( ?is ,act & ends on ! date ( !         
t]m9ation by ! ,f$]al ,em]g5cy          
,managem5t ,ag5cy ( ! em]g5cy decl>$ on 
,m>* #ac1 #bjbj1 by ! ,presid5t "u !    
,rob]t ,t4 ,/af=d ,disa/] ,relief &     
,em]g5cy ,assi/ance ,act 7#db ,u4,s4,c4 
#daba et seq47 relat+ to ! ,coronavirus 
,disease #bjai 7,,covid-#ai7 p&emic4