Care About Appraisal Turn-Time? Fannie Mae Just Gave You a Big Gift!

Fannie Mae Clarification on Appraisal Contract Amendments Can Save You 48 Hours on Appraisal Turn-Times. Lenders no longer need to send amendments affecting the sale price, transaction terms, financing concessions, closing costs, closing date or other clerical issues to appraisers for Fannie Mae loans. In the latest Selling Guide, Fannie Mae clarified that lenders only have to provide appraisers [...]