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.
Due to the wildfires in California, Fannie Mae is adding impacted ZIP Codes to the appraisal waiver disaster exclusion list in Desktop Underwriter®. Properties in the affected ZIP Codes are ineligible to receive appraisal waiver offers.
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