Does AIR require lenders to obtain appraisals in cases which they were under no such requirement pursuant to the Fannie Mae Selling Guide?
Related Questions
- How will lenders benefit from the requirement to transmit additional loan data, which will likely require a significant resource investment for them to implement?
- Some lenders have proprietary automated origination systems that include a process for ordering appraisals. How does AIR impact those systems?
- Does the Code require lenders to obtain appraisals where they were under no such requirement pursuant to the Fannie Mae Selling Guide?
