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October 19th, 2021 7:24 AM
The Federal Housing Finance Agency(FHFA) has indicated that both Fannie Mae and Freddie Mac will allow appraisals to be conducted remotely, using public records (listings and tax appraisals) for purchase loans starting early in 2022. Typically appraisers spend much of their/our day driving from property to property which slows down the mortgage process in rural areas and some suburban areas such as the 
East End. To keep up with the high demand for real estate properties amid the ongoing pandemic, appraisers need a remote solution that keeps them in full control and minimizes "turn around time".

Posted by Richard Wayne Abatelli on October 19th, 2021 7:24 AMPost a Comment

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