GSE Appraisal Deal Has Been Changed, Implementation Expected to be Delayed
October 2, 2008
Changes have been made to the controversial appraisal policy being negotiated by Fannie Mae, Freddie Mac and the New York attorney general’s office, including a likely delay in the implementation date, according to federal officials. Federal Housing Finance Agency Director James Lockhart late last week told the House Financial Services Committee that some aspects of the appraisal deal have...