Fannie Mae: prohibited/subjective language in appraisal reports has declined

Fannie Mae this month issued a recent progress report on its ongoing effort to scan appraisal reports for “prohibited or subjective language,” updating stakeholders on a process that began in 2021 to rid appraisal reports and valuation decisions of verbiage that could be construed as contributing to appraisal bias. In February, Fannie Mae issued a [...]read moreFannie Mae: prohibited/subjective language in appraisal reports has declined