Industry NewsMortgage

Bill would suspend new appraisal rules

NAR seeks 18-month reprieve on valuation code
Published on Jun 29, 2009

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by CareyBot

Legislation that would grant a plea by the National Association of Realtors to suspend for 18 months new rules governing appraisals conducted on loans purchased by Fannie Mae and Freddie Mac has been introduced in the House of Representatives.

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