Industry News

New York pushing Fannie, Freddie to make new rules for lenders

Agreement aimed at preserving independence of appraisers
Published on Feb 26, 2008

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by CareyBot

Fannie Mae and Freddie Mac are reportedly nearing agreement on a deal with New York’s attorney general that would require lenders to hire independent appraisers and provide copies of appraisal documents to a clearinghouse where their conduct and activity would ...