GSEs further expand AVMs, desktop and hybrid appraisals
Housing Wire
JUNE 14, 2022
Desktop appraisals and hybrid appraisals, where an independent third-party inspects the property, both “reduce costs to the borrower and reduce potential risk of bias by creating greater separation between the appraiser and borrower,” wrote Fannie Mae. Non-traditional appraisals to the rescue. Fair housing, are you kidding me?”.
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