dan bradley

Fannie Mae, FHA Issue Additional COVID-19 Appraisal Guidance

As the COVID-19 situation continues to unfold, users of appraisal services are continuing to issue updated guidance and information to appraisers.   Fannie Mae issued an update to Lender Letter 2020-05 on March 31, 2020. For appraisers, probably the most significant revision to their guidance was the removal of the “order of preference” for appraisal types. Formerly, the guidance had stated …

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TAF, AARO, and ASC Issue Joint Message Regarding COVID-19

On March 18th, The Appraisal Foundation (the Foundation), the Association of Appraisal Regulatory Officials (AARO) and the Appraisal Subcommittee (ASC) issued a joint message for appraisers and regulators regarding COVID-19. The Foundation has created a page on its website titled “Coronavirus and Appraisers: Your Questions Answered.”  This page can be accessed here. The Foundation reminds appraisers and users of appraisal …

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