Fannie Mae's announcement SEL-2010-09, June 30, 2010 specifies lender responsibility and liability regarding appraiser selection criteria, regardless if the selection is performed by a third-party appraisal management company (AMC). StreetLinks National Appraisal Services (StreetLinks) has always provided, on every appraisal at no additional cost, an exclusive "Warranty of Appraisal Quality," which provides indemnification to lenders in the event of a verified appraisal related repurchase demand.Click to continue
↧