Monthly Archive:: December 2013

Fannie Mae Lender Letter on Appraiser Monitoring

On December 10, 2013, Fannie Mae published a letter to remind lenders of appraiser selection requirements, highlight several data quality issues, and describe new processes to identify and monitor individual appraisers. Lender Letter LL-2013-10...
December 27, 2013

OCC Guidance on Third-Party Relationships

The Office of the Comptroller of the Currency (OCC) recently updated its guidance to national banks and federal savings associations for assessing and managing risks associated with third-party relationships. The guidance includes a discussion of comprehensive risk management processes...

New USPAP Q&A on Subject Property Data and Confidentiality

The Appraisal Standards Board (ASB) has issued a new USPAP Q&A on the Appraisal Foundation website: 2013-08: ETHICS RULE – Confidentiality – “Subject Property Data and Confidentiality” Questions? Please contact Emily Mann, Standards Administrator, at emily@appraisalfoundation.org...
December 5, 2013