Originating & Underwriting

Loan Quality

Reducing risk, increasing certainty: our shared commitment to managing quality risk

Fannie Mae partners with lenders to decrease risk. Together, our shared commitment increases the level of quality and risk oversight delivering certainty to lenders and Fannie Mae. 

Temporary alternative to post-close quality control appraisal field reviews

In response to Lender Letter LL-2020-03, Impact of COVID-19 on Originations, lenders may use a temporary alternative to replace the One-Unit Residential Appraisal Field Review in Post-Close Quality Control utilizing Collateral Underwriter® or Third-Party Data and Tools document.

What's New

October 15, 2020
October 2020 List Posted
The October 2020 AQM list   has been posted on the Appraiser Quality Monitoring page.

September 18, 2020
VOI/VOE best practices 
Discover best practices for income and employment verifications.

April 28, 2020
Updated Form 1032
Form 1032 has been updated to make it easier for lenders to compile post-closing loan file documentation.