Appraiser News
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Fannie Mae unveils new Appraiser Quality Monitoring list - Part One
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Thursday, February 13, 2014
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Accountability is the industry term du jour within the settlement services professions thanks to the heightening of regulations that affect everyone from lenders to appraisers.
These days, the onus to comply is ubiquitous. There is pressure for both companies and individuals alike to work within the rules-based framework constructed by the industry’s regulating bodies.
With the stakes for noncompliance as high as ever, Fannie Mae, the leading source of residential mortgage credit in the U.S. secondary market, recently unveiled its Appraiser Quality Monitoring (AQM) list on its website to help proliferate accurate valuations for the loans it buys.
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