“This Act may be cited as the ‘Improving Access to the VA Home Loan Benefit Act of 2022’.
Another section 11(b) of Pub. L. 100–198 amended section 1810 [now 3710] of this title.
2019—Subsec. (b)(3). Pub. L. 116–23 added par. (3).
1996—Subsec. (f)(3). Pub. L. 104–110 struck out par. (3) which read as follows: “The authority provided in this subsection shall terminate on
1992—Subsec. (f)(3). Pub. L. 102–547 substituted “1995” for “1992”.
1991—Pub. L. 102–83, § 5(a), renumbered section 1831 of this title as this section.
Subsec. (f)(1). Pub. L. 102–83, § 5(c)(1), substituted “3702(d)” for “1802(d)”.
Subsec. (f)(3). Pub. L. 102–54, § 3(b), substituted “
Subsec. (f)(4), (5). Pub. L. 102–54, § 3(c), added pars. (4) and (5).
1989—Pub. L. 101–237 substituted “Secretary” for “Administrator” wherever appearing.
1987—Subsec. (a)(1). Pub. L. 100–198, § 11(a)(1), inserted “subject to subsection (b)(2) and” at beginning and “, including the successful completion of a written test, submission of a sample appraisal, certification of an appropriate number of years of experience as an appraiser, and submission of recommendations from other appraisers” before semicolon at end.
Subsec. (b). Pub. L. 100–198, § 11(a)(2), designated existing provisions as par. (1) and added par. (2).
Subsec. (c). Pub. L. 100–198, § 11(b)(1), substituted “Except as provided in subsection (f) of this section, the appraiser shall forward an appraisal report to the Administrator for review. Upon receipt of such report, the Administrator shall determine the reasonable value of the property, construction, repairs, or alterations for purposes of this chapter, and notify the veteran of such determination. Upon request, the Administrator shall” for “The Administrator shall, upon request,”.
Subsec. (d). Pub. L. 100–198, § 11(b)(2), which directed insertion of “(other than a lender authorized under subsection (f) of this section to determine reasonable value)” after “lender” was executed by making the insertion after “lender” the first place it appears in subsec. (d), as the probable intent of Congress, notwithstanding appearance of “lender” in subsec. (d)(3).
Subsec. (f). Pub. L. 100–198, § 11(b)(3), added subsec. (f).
Pub. L. 116–23, § 7(b),
Pub. L. 117–308, “This Act may be cited as the ‘Improving Access to the VA Home Loan Benefit Act of 2022’. “Not later than 90 days after the date of the enactment of this Act [ “The budgetary effects of this Act, for the purpose of complying with the Statutory Pay-As-You-Go Act of 2010 [2 U.S.C. 931 et seq.], shall be determined by reference to the latest statement titled ‘Budgetary Effects of PAYGO Legislation’ for this Act, submitted for printing in the Congressional Record by the Chairman of the House Budget Committee, provided that such statement has been submitted prior to the vote on passage.”“SECTION 1. SHORT TITLE.“SEC. 2. RECOMMENDATIONS FOR IMPROVING APPRAISAL DELIVERY TIMES.“SEC. 3. UPDATE OF APPRAISAL REQUIREMENTS FOR CERTAIN LOANS GUARANTEED BY THE DEPARTMENT OF VETERANS AFFAIRS.“(a) Not later than 180 days after the date of the enactment of this Act, the Secretary of Veterans Affairs shall prescribe updated regulations or program requirements to clarify when an appraisal is required, how an appraisal is to be conducted, and who is eligible to conduct an appraisal for a loan guaranteed by the Department of Veterans Affairs under chapter 37 of title 38, United States Code, for any purpose described in section 3710(a) of such title. In prescribing updated regulations or program requirements under this section, the Secretary shall take into consideration the recommendations of the Secretary submitted under section 2.“(b) In prescribing updated regulations or program requirements under subsection (a), the Secretary shall consider making changes applicable to—“(1) certification requirements for appraisers;“(2) minimum property requirements;“(3) the process for selecting and reviewing comparable sales;“(4) quality control processes;“(5) the Assisted Appraisal Processing Program; and“(6) the use of waivers or other alternatives to existing appraisal processes.“(c) In prescribing updated regulations or program guidance under subsection (a), the Secretary shall provide guidance for the use of the authority under section 3731(b)(3) of title 38, United States Code, taking into consideration—“(1) situations in which the use of such authority would provide for cost savings for the borrower; and“(2) situations in which a traditional appraisal requirement could cause a delay substantial enough to jeopardize the ability of a borrower to complete a transaction.“SEC. 4. DETERMINATION OF BUDGETARY EFFECTS.
Pub. L. 116–23, § 7(c),
Any action taken by Secretary of Veterans Affairs before