Appraisal Policy Updates

Fannie Mae Appraiser Newsletter Update

Written by: Lloyd Rutherford, Staff Writer Collateral is where a lot of loans blow up at the last minute, leaving the lender in the awkward position of having charged a borrower for an appraisal and not being able to do the loan. This is why loan originators must stay up to date on appraisal issues [...]

2019-08-09T13:30:39-05:00August 12th, 2019|

Fannie Mae Appraiser Update – Dated March 2019

Written By: Lloyd Rutherford, Staff Writer Evaluating the collateral on a property is a major part of the mortgage approval process.  Fannie Mae is putting out great information on this topic to help educate you further. Rule Synopsis: Fannie Mae publishes a quarterly Appraiser Update in a newsletter format that contains some very useful information. [...]

2019-04-09T11:46:23-05:00April 10th, 2019|

Fannie Mae Appraiser Update – Dated December 2018

Written By: Lloyd Rutherford, Staff Writer If you are thinking about expanding your practice to Modular Home lending, pay attention to this update!  If you’re not, it might be time! Rule Synopsis: Fannie Mae publishes an Appraiser Update in a newsletter format and contains some very useful information. We will cover some of these topics: [...]

2019-01-10T08:42:40-05:00January 10th, 2019|

Manufactured Homes with Higher-Pitched Rooflines, Attached Carports, Dormers and More?  Yep!  Fannie Mae’s new MH Advantage program works with builders to accomplish this.  Let’s talk, as this may be a good option for a great new home!

Written By: Lloyd Rutherford, Staff Writer We are loving that Fannie Mae is now publishing appraiser updates as there are always a lot of questions about appraisals and collateral.  Read our expert’s interpretation of what you need to know to stay up to date! Rule Synopsis: Fannie Mae publishes their second Appraiser Update in their newsletter [...]

2018-10-10T09:57:30-05:00October 10th, 2018|

Fannie Mae Appraiser Update – Dated April 2018

By: Lloyd Rutherford, Staff Writer There is nothing worse than getting a borrower through the buying process, contract and home inspection only to find out that the appraisal is causing your loan to blow up.  Find out what you need to know about appraisals and how to prevent these issues by educating yourself with Fannie’s [...]

2018-05-29T14:48:39-05:00May 9th, 2018|