Like it or not, desktop appraisals are here to stay
Housing Wire
FEBRUARY 8, 2022
By the end of 2020, FHFA signaled publicly it was considering hybrid appraisals on a permanent basis, following proposals from both Fannie Mae and Freddie Mac. Any loan application flagged as ineligible by Fannie Mae’s automated underwriting system will have to use a traditional appraisal. Don’t try to wrap cost savings into this.”.
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