The Federal Financial Institutions Examination Council’s Appraisal Subcommittee (ASC) will host a public hearing on appraisal bias on February 13, 2024. This will be the fourth public hearing on appraisal bias, and like the previous hearings, will be hosted by a panel of representatives from each of the FFIEC federal regulatory agencies. Witnesses will discuss topics that align with previous hearings on appraisal bias, including oversight of the appraisal industry, diversity within the appraisal profession, the development and reporting of appraisals, and other challenges that impact appraisals. Previous hearings have included a focus on these issues, as well as appraiser qualifications and training, reconsideration of value, and use of technology in valuation.
The hearing will be held at the Office of the Comptroller of the Currency (OCC) headquarters, and a livestream will also be available to those who register here.