Bottom line: If your appraisal doesn’t square with the contract or threatens the deal, take a hard look at the adjustments made on subjective factors such as condition and quality. Ken Harney's ...

Fannie Mae this month issued a recent progress report on its ongoing effort to scan appraisal reports for “prohibited or subjective language,” updating stakeholders on a process that began in ...

The overall occurrence rate for these violations has gone down, Fannie Mae reports. As part of its ongoing effort to scan appraisal reports for “prohibited or subjective language,” Fannie Mae issued a ...

“For example, the GSEs’ Selling Guide was updated in 2024 to classify ‘subjective language’ as an ‘unacceptable appraisal practice,’ and USPAP’s ethics rule was revised to explicitly ...