FHA Gives Lenders Brief Peek of New Appraisal Forms, Standards
October 3, 2005
Not many have seen the new appraisal forms developed by Fannie Mae and adopted by the FHA mortgage insurance program, which lenders and appraisers say will become the new standard for property appraisals. FHA officials anticipate more appraiser disclosures, perhaps more than participants in the conventional and government markets have seen in the past.