Exciting collaboration with HousingWire! Dive into our latest white paper where we break down Fannie Mae and Freddie Mac's new AIR requirements and discover why appraiser selection should prioritize abilities and quality over preference. We're sharing our findings from analyzing 80,000+ appraisal reports, unveiling performance trends. Read it here: https://lnkd.in/g4pig4_G
The GSEs recently released updates to their appraiser independence requirements (AIR), which help determine proper conduct regarding the independence of the appraisal entity during origination. These updated policies can serve as a catalyst for the industry to reevaluate how vendors are chosen and to build an efficient process that results in the selection of the most qualified vendors.