Proposed housing bill, recent Executive Orders could affect appraisal profession

Two recent presidential Executive Orders direct federal regulators to expand the acceptance of automated valuation models, desktop appraisals, hybrid appraisals and artificial intelligence valuation tools. In an exclusive interview, Dodd Frank Update spoke with John Russell, of ValuSight Consulting, about what these orders mean for appraisers moving forward, as well as for lender liability and turn times.