Is it Time for You to Take on a Trainee?
Submitted by Summer Mandell on Tue, 2022-12-06 15:19Fannie Mae and Freddie Mac have long allowed and encouraged the participation of trainees in the appraisal process, and lenders and secondary market participants are increasingly becoming more comfortable with appraisals performed by trainees, as research shows little difference in appraisal quality between real estate appraisers and trainees. (See Fannie Mae’s December 2021 Appraiser Update newsletter.)