ASA Releases Op-Ed Discussing FHFA’s Allowing Fannie Mae to Expand its Appraisal Waiver Program

ASA has released an op-ed criticizing FHFA’s decisions to allow Fannie Mae to expand its appraisal waiver program.

Authored by John D. Russell, JD, Strategic Partnership Officer for ASA, the piece addresses Fannie’s search for a more automated future and its potential impact on housing finance, especially the absence of consumer protection in the homebuying process. The op-ed moves on to discuss issues related to bias and discrimination, as well as the overarching need for a human role in homebuying. In closing, Russell advises appraisers on finding new clients and upgrading one’s credential.