In the News

Fannie and Freddie Change Appraisal Guidelines

The alert that both Fannie and Freddie sent to lenders notified lenders that they should use appraisers who have clear experience working in the geographic area to which they've been assigned.  It also clarified that appraisers are NOT prohibited from speaking to real estate agents.  Read the full notice from the NAR as well as gain access to extensive online resources and in-depth reporting on this issue by downloading the pdf below.