Join the Federal Financial Institutions Examination Council’s Appraisal Subcommittee (ASC) for a hearing about appraisal bias. This hearing will define the role of the ASC and its authorities and will feature a panel of witnesses familiar with appraisal transactions, including a lender, an appraiser, a homeowner, and an academic to give an overall view of appraisal bias based on statistical analyses. These individuals will help the ASC to more deeply explore the scope of appraisal bias and its impacts from a range of perspectives. Based on the information gathered, the ASC may hold additional hearings on targeted topics in appraisal bias.
The hearing will take place on Tuesday, January 24, 2023 from 10:00 a.m. – 12:00 p.m. EST. Members of the public are invited to listen to the hearing and provide written comments. Comments can be submitted to AppraisalBiasHearing@asc.gov until February 8, 2023.
The hearing will be livestreamed on the CFPB website but requires an RSVP. Please register if you plan to attend or view the hearing. RSVP here.
If you require a reasonable accommodation in order to attend this event, please contact CFPB_ReasonableAccommodations@cfpb.gov 72 hours prior to the start of this event.
This announcement will be updated with more details as they become available.
More information about the Appraisal Subcommittee can be found here .