March 23, 2020 Government & Community Affairs
Fannie, Freddie get greater flexibility on appraisal and employment verification standards
The Federal Financing and Housing Agency (FHFA) announced today flexibility for issues surrounding appraisals and the verification of employment in light of the Corvid-19 pandemic. These alternatives allow Freddie Mac and Fannie Mae to have flexibility moving forward through May 17, 2020.