Fannie Mae updates Lender Letter 2020-04 to extend relief relating to appraisals
May 5, 2020
On May 5, Fannie Mae updated Lender Letter 2020-04, extending certain previously issued flexibilities until June 30, 2020. The extended flexibilities relate to, among other things, condominium project reviews, new construction loans, HomeStyle Renovation loans, and appraisal requirements.