Fannie: Words and Phrases in Appraisals
Appraisal Today
JUNE 16, 2023
Excerpts: Following that thought process, our appraisal language has simply got to change to reflect current times. In addition, our lenders and GSE’s are implementing tools and programs to identify when “Certain prohibited, subjective or potentially biased words or phrases are included in appraisal reports.”
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