FHFA to Permanently Allow Desktop Appraisals: How Can It Make the Mortgage Process Easier?

Fox Business, Oct. 29, 2021–Kelsey Ramirez
The Federal Housing Finance Agency Acting Director Sandra Thompson announced at the Mortgage Bankers Association conference in San Diego that it will allow lenders to use desktop appraisals for conventional loans. These alternative valuation products will improve the homebuying process for many borrowers.