Some state associations, also have carriers they recommend (check with your state association for this information).
Organization of Real Estate Professionals (OREP)
6760 University Ave. #250
San Diego, CA 92115
888.347.5273
Fax 708.570.5786 or 619.269.3884
E-mail dbrauner@workingre.com
Geo. F. Brown and Sons Inc.
118 South Clinton Street
Suite 760
Chicago, IL 60661
888.372.6262
Benefits for Members
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Legislative and Legal Initiatives
Legislative and Regulatory Lobbying Campaigns—Your voice is heard at all levels of government: local, state, and national. NAR protects the real estate industry from cumbersome legislation and undue regulation, and advocates legislative and regulatory changes that enhance your ability to conduct business. At the national level, the Government Affairs Group analyzes federal issues and promotes NAR’s policy objectives through Congress and the regulatory agencies… Read More
Fannie Mae Selling Guide
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Below is a list of the main sections in the Fannie Mae Selling Guide that address appraisal requirements. We have included a brief description under each section that highlights the relevant information you will find in that area. Please note this list does not encompass every section that relate to appraisals in the guide and should only serve as a reference point.
Part B, Origination through Closing
SUBPART B4, UNDERWRITING PROPERTY
Chapter B4-1, Appraisal Guidelines
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JUL
2016
Responsible Valuation Policy
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Purpose of Valuation Policy
This document serves as the National Association of REALTORS® statement of federal policy on valuing real property. It serves as a guide for members and staff in advocacy efforts for federal legislation and regulatory policy. This statement of policy, aside from the National Association of REALTORS® Code of Ethics, is not in any way an attempt to impose new or additional standards of practice or behavior on members of the National Association of REALTORS®.
Why do REALTORS® Support ...
Continue Reading →JUL
2016
Fannie Mae Servicing Guide
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Below is a list of the main sections in the Fannie Mae Servicing Guide that address appraisal requirements. We have included a brief description under each section that highlights the relevant information you will find in that area. Please note this list does not encompass every section that relate to appraisals in the guide and should only serve as a reference point.
Part II, Chapter 1, 102: Conventional Mortgage Insurance
Disclosure of fees borrower may pay including appraisal and broker price… ...
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2016
Freddie Mac Single-Family Guide
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Below is a list of the main sections in the Freddie Mac Single-Family Seller/Servicer Guide that address appraisal requirements. We have included a brief description under each section that highlights the relevant information you will find in that area. Please note this list does not encompass every section that relate to appraisals in the guide and should only serve as a reference point.
Freddie Mac Single-Family Seller/Servicer Guide, Volume 1
Chapter 2.6: Race or Racial Composition of a… Read ...
Continue Reading →JUL
2016
Periodically, Freddie Mac publishes updates to the Single-Family Seller/Servicer Guide in the form of Bulletins and Industry Letters. Below is a list of some of the pertinent updates Freddie Mac has made to the guide with respect to appraisal requirements. Please note this list does not encompass every bulletin or industry letter on appraisal requirements that Freddie Mac has released and should only serve as a reference point.
Bulletin 2011-25 (December 16, 2011)
Subjects include Property Eligibility and… Read ...
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2016
Seller and Servicer Guides
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Fannie Mae and Freddie Mac, the government sponsored enterprises (GSE), together provide the appraisal requirements lenders and appraisers must adhere to for conventional mortgages that will be purchased on the secondary mortgage market. NAR has compiled this list as a guide to help navigate through the Seller/Servicer Guides and relevant updates as provided by the GSEs. Please note, this list may not be comprehensive as Fannie Mae and Freddie Mac update their guidelines frequently.
Fannie Mae Servicing Guide
…
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JUL
2016
Benefits of Joining NAR for Appraisers
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Learn about the benefits to which appraisers can have access when they join the National Association of REALTORS®.
Continue Reading →JUL
2016
Strong, Independent Appraisal Industry Vital to Market and Loan Origination Process, Say Realtors®
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WASHINGTON (June 28, 2012) – Developing and reporting property values more accurately is critical to improving market performance, reducing risk and strengthening the housing finance system, according to the National Association of Realtors®.
That was the message delivered today by Frank Gregoire, immediate past chair of NAR’s Real Property Valuation Committee, in testimony before the House Financial Services Subcommittee on Insurance, Housing and Community Involvement… Read More