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.
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 June 2022
In the June 2022 edition, we answer your questions with a discussion on the use of third-party data in desktop appraisals and information about our Appraiser Quality Monitoring process, and we provide a handy set of links to several recently updated FAQs and fact sheets.
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.
The Journey to a More Efficient and Fair Home Valuation Process
Read the commentary by Jake Williamson to learn about our future state vision
Appraising the Appraisal
This research report examines appraisal values of homes owned by Black and white borrowers in refinance transactions.
About desktop appraisals
Learn how appraisers can perform desktop appraisals without physically inspecting the property beginning March 2022.
Standardized Property Measuring Guidelines
Learn about our required standard for measuring, calculating, and reporting square footage in appraisals.
Appraising and underwriting condo and co-op projects
Learn about project requirements as well as appraiser and lender responsibilities for condo and co-op deferred maintenance.
Our commitment to reducing appraisal bias
Read about our actions to foster appraiser diversity, understand and minimize appraisal bias, and identify solutions.
Appraising Accessory Dwelling Units
Take this short elearning course to explore information about ADUs, including requirements, construction types, and more.
Now Showing: UAD - The Movie
Learn more about how the multi-year Uniform Appraisal Dataset (UAD) and Forms Redesign initiative will enhance appraisal data quality and consistency.
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.
ADI Success Stories: Marcus Knight
Listen to Marcus share how persistance paved his path to become an appraiser trainee.
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.