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fannie mae: Updated info from Fannie Mae about a declining market - 07/24/07 05:20 PM
I just received a document from the NAREA that was put out by Fannie Mae and it is about the new requirements of lenders responsibilities and Appraiser Responsibilities in a declining market.
The document can be read at:  www.efanniemae.com  On the RIGHT HAND side of the Home Page is a section  *HIGHLIGHTS.  Click on "View Latest Lender Announcement" and click on "Ann. 07-11.  The name of the document is "Collateral Valuation Pracitces and Decling Markets."  It is available as a PDF so you can keep a copy for yourself. 
It is not exciting reading, but provides useful info and a general guidenance on resources … (5 comments)

 

Jeremy Cowin

Altadena, CA

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