Appraisal management company calls it a 'win' for the industry. Stating it wants to make the “home valuation process more efficient and accurate,” Fannie Mae on Wednesday released its March Selling ...
Starting next week, Fannie Mae is eliminating its minimum 620 credit score requirement for borrowers seeking loans that will ...
Lender and appraisal management companies and other property data collection companies can now use Black Knight‘s Scout mobile property inspection as part of the value acceptance plus property data ...
Expanded rules for appraisal waivers take effect on purchase transactions starting the first quarter of 2025. Announcements were made on October 28, 2024 by Fannie Mae and Freddie Mac, as well as the ...
New guidelines should provide homeownership opportunities for certain consumer segments with thin credit files and open up product options, lenders said.
The U.S. Department of Housing and Urban Development (HUD), through the Federal Housing Administration (FHA), recently issued Mortgagee Letter 2024-07 addressing reconsideration of value (ROV) ...
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