Mike Lay's (mikelay) Blog

Not sure if everyone has seen this, but here is an email I got with an update on the status of the lawsuit.  Feel free to donate to the cause, every little bit helps!   Dear NAMB Member, As you know, on February 23, 2009, NAMB filed a lawsuit against the Federal Housing Finance Agency (FHFA) over...

Well, the first of two important dates is almost upon us.  On April 1st, Fannie and Freddie will require the 1004 MC Market Conditions Addendum with all 1-4 unit property appraisals.  And that means most appraisal types, not just the 1004.  It also applies to the 2055 (exterior only), 1073 & 1075...