VA Announces New Fannie Mae Appraisal Report Requirements The - TopicsExpress

VA Announces New Fannie Mae Appraisal Report Requirements The U.S. Department of Veterans Affairs announced Sept. 2 that it now requires appraisers to include Fannie Mae Form 1004MC, in all VA appraisal reports. Fannie Mae created Form 1004MC to address ongoing conditions in the real estate marketplace, specifically requiring appraisers to document an overview of neighborhood conditions and trends. The VA said its announcement brings it in alignment with industry practice. Look for more info to follow.

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