The Office of the Comptroller of the Currency (OCC) will host a public hearing of the Appraisal Subcommittee (ASC) on appraisal bias Feb. 13 at its headquarters in Washington, D.C., from 10 a.m. to 1 p.m. (EST). The subcommittee panel will hear from witnesses comprising the Federal Financial Institutions Examination Council (FFIEC) to discuss topics learned from 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.
Acting Director of the OCC Michael Hsu will provide opening remarks. The subcommittee panel will consist of a representative from each of the five FFIEC regulatory agencies, the U.S. Department of Housing and Urban Development and the Federal Housing Finance Agency. Witnesses will include representatives from The Appraisal Foundation, state appraiser licensing and regulatory organizations, and active appraisers.
This hearing is open to the public. In-person and virtual attendees must register no later than Feb. 9 to attend or receive the livestream link. Registration for in-person attendance may close sooner if maximum capacity is reached.
To register, go to Appraisal Subcommittee Hearing Registration Information