Effective June 22, 2019, the borrower name no longer needs to match the name on a prior appraisal for a refinance transaction to be eligible for an appraisal waiver offer. This policy change will be reflected in the next Selling Guide update in August.
The December 2018 Selling Guide announcement allows lenders to execute an appraisal waiver offered on a loan in process at the time of a disaster when certain requirements are met.
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