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Where can I get the facts regarding the HVCC – in particular, are lenders required to order appraisals from AMCs and can an appraiser still collect the fee directly from the borrower at the door?

April 26, 2017AMC appraisals appraiser facts hvcc lenders particular

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Where can I get the facts regarding the HVCC – in particular, are lenders required to order appraisals from AMCs and can an appraiser still collect the fee directly from the borrower at the door?

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Because of the considerable misinformation that continues to circulate regarding the HVCC with lenders and appraisers alike, we have attached the Frequently Asked Questions (FAQ’s) published by both Fannie Mae and Freddie Mac.