,i  #aafth ,,congress  #b;d ,session    
,h4 ,r4 #fgia  ,,in ,,the ,,house ,,of  
,,representatives  ,may #h1 #bjbj,mr4   
,sherman 7for himself and ,ms4 ,waters7 
introduced the following bill2 which was
 referred to the ,committee on          
,financial ,services1 and in addition to
 the ,committee on ,veterans' ,affairs1 
for a period to be subsequently         
determined by the ,speaker1 in each case
 for consideration of such provisions as
 fall within the jurisdiction of the    
committee concerned  ,a ,,bill  ,to     
waive certain requirements with respect 
to in-person appraisals1 and for other  
purposes4  #a4 ,short title ,this ,act  
may be cited as the ,,covid-#ai ,safe   
,home ,appraisal ,act of #bjbj4  #b4    
,congressional findings ,the ,congress  
finds that as the ,united ,states       
continues to grapple with the impact of 
the spread of ,coronavirus ,disease     
#bjai 7,,covid-#ai71 several adjustments
 are needed to ensure that mortgage     
processing can continue to function     

without significant delays1 despite     
requirements that would otherwise       
require in-person interactions4  #c4    
,waiver of in-person appraisal          
requirements  7a7 ,waiver ,during the   
period that begins upon the date of the 
enactment of this ,act and ends on the  
date of the termination by the ,federal 
,emergency ,management ,agency of the   
emergency declared on ,march #ac1 #bjbj1
 by the ,president under the ,robert ,t4
 ,stafford ,disaster ,relief and        
,emergency ,assistance ,act 7#db        
,u4,s4,c4 #daba et seq47 relating to the
 ,coronavirus ,disease #bjai            
7,,covid-#ai7 pandemic1 any appraisal   
that is conducted for a loan for a      
single-family residential property with 
respect to which applicable law or      
policy would otherwise require the      
performance of an interior inspection   
may be performed without an interior    
inspection1 if-- 7#a7 an exterior-only  
inspection appraisal is performed in    
conjunction with other methods1         

including borrower 7or prospective      
borrower7 observations or verifiable    
contemporaneous video or photographic   
documentation by the borrower 7or       
prospective borrower71 to the extent    
they are available2  7#b7 the applicable
 lender1 guarantor1 regulating agency1  
or insurer may order additional services
 to include an interior inspection at a 
later date2 and  7#c7 the lender        
certifies that an appraiser rejected the
 assignment over health and safety      
concerns related to ,coronavirus        
,disease #bjai 7,,covid-#ai74  7b7      
,exception to exterior only appraisals  
,if an exterior-only inspection         
appraisal pursuant to subsection 7a77#a7
 is prevented by ,state or local laws or
 orders1 a desktop appraisal shall be   
utilized in conjunction with other      
methods1 including borrower 7or         
prospective borrower7 observations or   
verifiable contemporaneous video or     
photographic documentation by the       
borrower 7or prospective borrower71 to  

the extent they are available4  7c7     
,stipulation ,an appraiser conducting an
 appraisal without an interior          
inspection pursuant to this section     
shall stipulate an extraordinary        
assumption that the property's interior 
quality1 condition1 and physical        
characteristics are as described and    
consistent with the exterior view1 and  
shall employ all available methods to   
maximize accuracy while maintaining     
safety4  7d7 ,rulemaking ,not later than
 the end of the #g-;day period beginning
 on the date of the enactment of this   
,act1 the ,secretary of ,housing and    
,urban ,development1 the ,secretary of  
,agriculture1 the ,secretary of         
,veterans ,affairs1 and the ,director of
 the ,federal ,housing ,finance ,agency 
shall issue such rules or guidance as   
may be necessary to ensure that such    
agencies1 the ,federal ,home ,loan      
,mortgage ,corporation1 the ,federal    
,national ,mortgage ,association1 and   
the ,federal home loan banks make any   

adjustments to single-family mortgage   
processing requirements that may be     
necessary to provide flexibility to     
avoid in-person interactions while      
preserving the goals of the programs and
 consumer protection4