Appraisal News Blog

Fannie Mae Issues Guidance for Rural Appraisers

Fannie Mae Issues Guidance for Rural Appraisers

Earlier this week, Fannie Mae issued a new edition of its Appraiser Update e-newsletter; this edition was titled Special Edition for Rural Appraisal. The newsletter covers several topics of interest to rural appraisers, including a summary of recent changes to Fannie Mae’s policies, information…

ASB Issues Q&A Video on Hybrid Appraisals

ASB Issues Q&A Video on Hybrid Appraisals

On October 9, 2018, the Appraisal Standards Board posted a new Q&A video to their YouTube channel addressing the issue of “hybrid” appraisal assignments. Hybrid appraisals are those which involve someone other than the appraiser making an inspection of the subject property. A report…

Fannie Mae Freddie Mac 1094 selling guide

Freddie Mac Officially Eliminates 1004MC Requirement

On August 29, Freddie Mac released Bulletin 2018-13 which officially confirmed what almost everyone had already suspected—they are following Fannie Mae’s lead in eliminating the requirement for appraisers to include the 1004MC (Freddie Mac Form 71) as an attachment to appraisal reports.   In…

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