Appraisers
To help make prudent underwriting decisions, mortgage lenders rely on appraisers to provide thorough, accurate, and objective appraisal reports for reliable opinions of market value.
The appraisal is used to judge the property’s acceptability for the mortgage loan requested in view of its value and marketability.
On this page, appraisers can find news about recent policy updates, access Appraiser Update newsletters, and view our latest appraiser related video content. Use the Help & Training link to access job aids, training videos, the Selling Guide, and more. Still can’t find what you need? Connect with us using the links below.
Clearing Property Condition Rating Confusion
Watch one noble appraiser disperse clouds of confusion around property condition ratings.
The One-Mile Myth: Vanquished!
Watch the Noble Appraiser vanquish the myth that comparable sales must be within one mile of the subject property.
We're Here to Help
View the latest updates to Lender Letter 2020-04 and our COVID-19 Selling FAQs.
Find these and other COVID-19 resources on our Here to Help site.
What's New
We have issued Lender Letter LL-2021-01, Appraisal Risk Management Policy Reminders and Resources.
Newsletters & related links
Check out the topical articles in our Appraiser Update newsletters, as well as links to other appraisal and valuation related resources.
Appraiser update December 2020
In the December 2020 edition, we provide information around Accessory Dwelling Unit updates and project standard policy clarifications in the Selling Guide. We also provide some insight into value rep and warrant relief and share some appraisal policy related tips and myth-busters.
Boot Camp Webcast Series: Managing Appraisal Risk
Watch one of Fannie Mae's Boot Camp webinars to see how we discuss appraisal risk with lenders. This session includes tips lenders can use to manage appraisal risk in both origination and QC, as well as examples of common appraisal defects to watch for.
To access the Boot Camp Webcast Series you will need to enter the password, Bootcamp2020.
Uniform Appraisal Dataset (UAD)
The UAD is a component of the Uniform Mortgage Data Program® (UMDP®), jointly established by Fannie Mae and Freddie Mac under the direction of the Federal Housing Finance Agency to provide common requirements for appraisal and loan delivery data.
Related links & applications
Policy news and updates
Click through the carousel below to learn more about recent updates and access related resources.
Appraiser careers
Residential property appraisers play a vital role in homeownership, but in recent years, fewer people have pursued careers as appraisers. Fannie Mae is partnering with industry stakeholders to encourage new entrants to the residential appraisal field.
Appraiser careers fact sheet
We’re working with the National Urban League and Appraisal Institute to promote appraiser careers.
Appraiser diversity initiative
Visit the ADI website, hosted by the Appraisal Institute, for more information.
ADI Success Stories: Jessica Brown
Meet Jessica, an appraiser trainee, and learn how ADI helped her get started.
Career opportunities in residential property appraising
Residential property appraisers share their stories about career opportunities.
Connect with us
Use this form to share what’s on your mind, submit feedback, and ask questions about appraisal topics.
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