Transcription of APPRAISAL MINIMUM STANDARDS - …
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APPRAISAL MINIMUM STANDARDS - …
APPRAISAL . MINIMUM . STANDARDS . Note to Vendor: This is the document which AAMS quality control reviewer will use to evaluate the APPRAISAL report in regard to Client-Specific underwriting guidelines. A line by line comprehensive quality control underwriting audit will be conducted on the report delivered. In addition to the Client-Specific underwriting guidelines contained in this document, all APPRAISAL reports are expected to be compliant with USPAP, Fannie Mae/Freddie Mac, UAD, FHA (if applicable). and the product specific assignment conditions. The product specific assignment conditions will be attached to the APPRAISAL order. The quality control review is based upon the FNMA APPRAISAL report forms with the most recent revisions currently published. Fannie Mae guidelines are available to the Appraiser at Click on 2007-Selling Guide/Property and APPRAISAL Guidelines/Reviewing the APPRAISAL Report.
1 APPRAISAL MINIMUM STANDARDS. Note to Vendor: This is the document which AAMS quality control reviewer will use to evaluate the appraisal report in regard to Client-Specific underwriting guidelines.
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