Published: January 06, 2015
Collateral Underwriter (CU) Viral Video Contains Fallacies
NAR has informed all local AORs that during the recent holiday break, many in the real estate industry received a video about changes coming to appraisals conducted for Fannie Mae transactions. The video is sent by email and usually contains the subject line: "Appraisal Time Bomb." Although the video has received much attention, it is not accurate.