Archive for the ‘Lending’ Category


Fannie Mae to Stop Lenders from Cutting Appraised Values

Tuesday, July 27th, 2010

Effective September 1st, Fannie Mae is stopping lenders from cutting appraised values of properties.  This is in response to a large number of failed real estate transactions due to large scale appraisal cutting.  Personally our firm had issues in late 2009 with 2 specific lenders who were cutting appraised values across the board affecting investor’s [...]

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