FHFA Seeks Feedback on How to Modernize the GSEs’ Appraisal-Related Policies

The Federal Housing Finance Agency (FHFA) is seeking feedback on how best to modernize Fannie Mae and Freddie Mac’s appraisal-related policies. The pandemic and social distancing mandates have created increased pressure on the industry make greater use automation and data in the appraisal process. That means increased use of AVMs and exploration of contactless alternatives such as allowing homeowner-provided images …

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