Fannie Mae: Appraisals No Longer the ‘Default Requirement’

Originally published on March 8, 2023, by the Appraisal Institute.

Fannie Mae on March 1 updated its Selling Guide to include a range of options for property valuations as the government-sponsored enterprise moves away from suggesting that an appraisal is a “default requirement.” Fannie notes that home valuation options include value acceptance, value acceptance plus property data and hybrid appraisals.  
 
Read Fannie Mae’s updated Selling Guide
 
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