Skip to content

Must an in-house appraisal reviewer be a licensed

Answered by: 

Question: 
My understanding is that Fannie Mae requires that a seller/servicer have an internal appraisal reviewer that solely reviews appraisals. If so, must this individual be licensed as an appraiser?
Answer: 

Refer to B4-1.3-12, Quality Assurance (06/03/2020). There is no indication that the internal review must be conducted by a licensed or certified appraiser.

First published on 05/26/2024

Filed under: 
Filed under lending as: 

Search Topics