Get the up-to-date Appraiser Independence Requirements (HVCC). The Appraiser Independence Requirements replace the Home Valuation Code of Conduct (HVCC) and apply to all loans of one- to four-unit properties sold to Fannie Mae. - orea ca 2024 now

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You usually won't need an appraisal if you get an FHA-to-FHA, VA-to-VA, or USDA-to-USDA Streamline Refinance. This type of loan replaces your existing loan with a new mortgage of the same type. In most cases, your new loan amount will be the same as your current loan's balance at the time of refinancing.
It is unlawful for a covered person to violate appraisal independence. Violations include: directly or indirectly coercing, extorting, colluding with, instructing, bribing or intimidating any person who provides valuations into valuing a property based on any factor other than independent judgment; or.
Appraisals are required for all types of loans including Jumbo, Fannie Mae, Freddie Mac, FHA, and Non-QM.
Appraiser Independence Requirements (AIR) are a set of standards designed to replace the Home Valuation Code of Conduct (HVCC). The main objective was to preserve the intent of HVCC while continuing to improve security for mortgage investors, lenders, real estate brokers, home buyers, and the overall housing industry.
Both Fannie Mae and Freddie Mac require that all single-family loans they purchase adhere to standards for solicitation, selection, compensation, and practitioner independence when it comes to home appraisals.

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Appraiser Independence Requirements (AIR) are a set of standards designed to replace the Home Valuation Code of Conduct (HVCC). The main objective was to preserve the intent of HVCC while continuing to improve security for mortgage investors, lenders, real estate brokers, home buyers, and the overall housing industry.
The Appraiser Independence Requirements (AIR) were developed by Fannie Mae, the Federal Housing Finance Agency (FHFA), Freddie Mac, and key industry participants to replace the Home Valuation Code of Conduct (HVCC). They went into effect October 15, 2010.
Prohibited acts include blacklisting, boycotting, intimidation, coercion, and any other means that impairs or may impair the independent judgment of the appraiser, including but not limited to the withholding or threatened withholding of payment for an appraisal fee, or the conditioning of the payment of any appraisal ...

fannie mae air requirements