Posts Tagged: Freddie Mac

FannieMae & FreddieMac Announce the Joint Creation of Standardized Condominium Project Questionnaires

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Valuation Management Group (VMG) is pleased to share a joint bulletin recently issued by FannieMae and FreddieMac (the GSE’s) introducing their Standardized Condominium Project Questionnaires. The GSE’s require lenders to determine the eligibility of a condominium project when the mortgage loan will be secured by a unit within a condominium project. This involves obtaining a… Read more »

FHA Updates with New Electronic Appraisal Delivery (EAD) portal

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The Federal Housing Administration (FHA) announced last year in Mortgagee Letter 2015-08 the implementation of the new Electronic Appraisal Delivery (EAD) portal.  The technology is similar to what is currently in place with Fannie Mae and Freddie Mac’s Uniform Collateral Data Portal (UCDP), including utilizing Veros as the technology provider. The EAD portal is built… Read more »

FHFA’s Oversight of Fannie Mae and Freddie Mac’s Use of Appraisal Data

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On February 6, 2014 the Federal Housing Finance Agency (FHFA) issued an interesting synopsis of the Office of Inspector General’s audit. The synopsis covers the FHFA’s oversight of Fannie Mae and Freddie Mac’s (GSE’s) use of the UCDP to analyze appraisal data, prepurchase, to improve loan quality and reduce risk. You can access the synopsis… Read more »