Archive for November 2024

Starting January 1, 2025, expanded rules for appraisal waivers take effect on purchase transactions. New rules apply to both appraisal waivers and inspection-based waivers. The Updates to Enterprise Policies announcement was made on October 29, 2024 by the Federal Housing Finance Agency (FHFA) to allow more borrowers—particularly first-time and low-to-moderate income borrowers—benefit from cost savings…