A critical appraisal requirement deadline approaches in just a few weeks.1 The requirements went into effect on Dec. 1, 2011. On and after March 19, 2012, Fannie Mae and Freddie Mac (GSEs) will ...

On June 30, 2010, Fannie Mae issued additional guidance on appraisal-related policies, along with a number of other miscellaneous changes to its Selling Guide: Fannie Mae Single Family.1 Fannie's new ...

WASHINGTON, Oct. 28, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced changes to the eligibility requirements for Value Acceptance (previously known as appraisal waivers) and Value ...

Citing the extraordinary circumstances that the country is facing with the ongoing spread of the coronavirus, the Federal Housing Finance Agency announced Monday that it is directing Fannie Mae and ...

Under the agreement, Fannie Mae will take two steps to assist theregulators in their efforts to enhance the quality and independence of theappraisal process. First, to help ensure appraisal ...

Washington, D.C.–Fannie Mae and Freddie Mac said Monday that they would only purchase mortgages from lenders that employ independent appraisers, according to The New York Times.As part of an agreement ...

Mortgage giant Fannie Mae extended its relaxed lending and appraisal standards put in place due to COVID-19 into the new year. The flexibilities surrounding verbal verification of employment and ...

In response to COVID-19 developments, Fannie Mae and Freddie Mac have issued guidance regarding verifications of employment (VOEs), income continuity, appraisals, title policies, and other matters.

WASHINGTON — Do we always need an appraiser to tell us what a house is worth? The two biggest sources of mortgage financing in the country — Freddie Mac and Fannie Mae — think not. With no formal ...

WASHINGTON (MarketWatch) -- Mortgage-finance giants Fannie Mae and Freddie Mac agreed to buy only loans that meet certain tough requirements to stamp out mortgage fraud in an agreement announced ...

For homeowners and buyers, it’s been an unexpected windfall: relief from having to pay for a traditional mortgage appraisal that usually costs between $400 and $600. The savings nationwide to ...