Written By: Lloyd Rutherford, Staff Writer Appraisal waivers are fantastic if your file qualifies for them! Keep up to date with this most recent FAQ from Fannie Mae on this subject. Rule Synopsis: Fannie Mae has updated their FAQ document for appraisal waivers. Interpretive Comments: I think we can all agree that any advance we [...]
Written By: Lloyd Rutherford, Staff Writer FAQs are great documents to provide clarification in the guidelines. In this update we review the new FAQs for the latest DU/DO update and appraisal waivers. Both are need-to-know for anyone involved in the front-end process. Rule Synopsis: Fannie Mae updated two of their FAQ documents for appraisal-related topics [...]
Written By: Lloyd Rutherford, Staff Writer Mega Fannie Mae FAQ Update! Looks like Fannie had a lot of questions that needed to be addressed in the Appraisal, DU and Student Loan department. Stay up to date by reading through these frequently asked questions! Rule Synopsis: Three FAQ documents have been updated. They are: Appraisal and [...]
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 Fannieâs [...]