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Mary Ellen Godin

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Viewpoint: Did the Fannie and Freddie Appraisal Agreement Go Far Enough? HW+

Mar 25, 2008By

Over the last few weeks, I’ve had some time to go back and read the landmark agreement NY Attorney General Andrew Cuomo struck with Fannie Mae, Freddie Mac and OFHEO a few weeks ago. Designed to prevent brokers from ordering appraisals and lenders from having an ownership interest in an appraisal company, I’ll readily admit that I was one of the first to hail the move.

3d rendering of a row of luxury townhouses along a street

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