The Appraisal Industry Improvement Act (HR6025) is an early-stage, referred-to-committee bill with zero funding. While it could modestly reduce FHA origination bottlenecks for lenders like Rocket Companies and loanDepot if it advances, the bill is stalled in committee and both stocks are currently declining on macro housing headwinds — RKT down 5.38% and LDI down 4.4% over the past 7 days. No near-term market impact.
→ Increases the pool of eligible appraisers, reducing closing delays and bottleneck risk for FHA loans, which comprise a significant portion of low-down-payment mortgage origination volume
HR6025