Fannie Mae: Appraisals are no longer the default option

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Fannie Mae: Appraisals are no longer the default option

Fannie Mae is including more options for property valuations. To learn more we interviewed AMC Class Valuation Chief Appraiser John Dingeman.

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John Link March 8, 2023 at 8:10 am

Shannon, great report this morning!! As a side note… I am looking for HECM related social media content.. do have any sources you might like to share?? Are you hearing any whispers about reverse MI being adjusted anytime soon?? That might give us some positive talking points with our clients… Thanks for your continued support of the HECM space…
John Link
Retirement Mortgage Specialist
Legacy Lending
Yuba City CA

Shannon Hicks March 8, 2023 at 11:20 am

Hi John! I haven’t heard of any pending changes to the HECM’s MIP structure. We can only hope for a reduction of the upfront insurance. When it comes to creating social media content many have found success in using Canva to create images and videos. Hootsuite and other social media publishing tools have been helpful in pre-scheduling content to take away some of the heavy lifting. Hope this helps.


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