Fannie Mae released a Lender Letter Feb. 4 to clear up perceived misconceptions and misinformation among lenders and appraisers on the government sponsored enterprise’s policy changes over the past year-and-a-half. Not surprisingly, Collateral Underwriter was front and center among the topics the letter addressed. Keep reading to see what Fannie wanted appraisers to know about the rollout of CU.
2021 promises to be a big year for the appraisal profession. The coronavirus pandemic forced appraisers to quickly adapt, and we had to tackle a