Banking Agencies Propose New Appraisal Guidelines, Fannie Mae Moves Ahead Without Final GSE Deal
November 20, 2008
While the mortgage industry continues to wait for new appraisal requirements stemming from complaints raised by the New York attorney general, federal regulators this week proposed to overhaul their appraisal standards and Fannie Mae has moved independently to toughen its rules. The Federal Housing Finance Agency has still not completed a final agreement with the New York...