The Appraisal Institute recently reported that the FHFA has paused the GSEs’ programs addressing appraisal innovation and modernization in order to focus on taking both Fannie and Freddie out of...

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Many within the real estate valuation industry still rely on offline documents for their order and review forms, which is counter-productive in several ways. Not only does this promote a...

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In it’s most recent “Appraiser Update” newsletter, Fannie Mae continued its discussion of the GSEs’ ongoing appraisal modernization efforts, which includes impending updates to the Uniform...

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Fannie Mae and Freddie Mac recently completed a survey with appraisal-industry stakeholders regarding their impending updates to the Uniform Appraisal Dataset (UAD) and redesigned appraisal forms...

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We all know the importance of appraisal-related forms and reports, as these essential components of the valuation process help monitor turn-times, improve overall performance, and assist with...

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Posted On September 4, 2018

Fannie Mae No Longer Requires Form 1004MC

Fannie Mae recently announced that effective immediately, it will no longer require Form 1004MC (known as the Market Conditions Addendum) as part of appraisal reports. The GSE’s Selling Guide has...

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