Tuesday, September 19, 2017

Industry News:
A recent letter addressed to both the Chairman and ranking member of the “Committee on Banking, Housing and Urban Affairs” detailed the appraiser industry’s concern with Fannie Mae and Freddie Mac issuing appraisal waivers.  Thirty-six professional groups and agencies signed the petition asking the Senate Committee to halt the waivers until the sponsoring organizations can “demonstrate that the proposed program does not harm the consumer, is properly monitored, and integrates proper safeguards to prevent fraud.”  
Check out a copy of the letter at:

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