Midwest Appraisal Management

Midwest Appraisal Management Midwest Appraisal Management is the only Realtor® Association endorsed appraisal management company.

Midwest Appraisal Management provides a variety of compliant appraisal management services to lenders in the Midwest in 4 states. At Midwest Appraisal Management, we offer traditional residential appraisal products required for Conventional, FHA, and USDA mortgage lending. As a Realtor® Association endorsed appraisal management company, we have invested in industry leading software to ensure quali

ty control and the best possible outcome for all users. We make sure to manage and document the entire compliant process in order to ensure quality and the best experience. We utilize knowledgeable and experienced staff (including Certified Residential Appraisers) to perform appraisal management services including appraisal review and alternative valuation products. We coordinate the assigning, scheduling, communication, and receiving of each appraisal request. We select experienced appraisers based on the quality of the collateral assessment. Our goal is to provide a satisfactory delivery of a credible valuation product, emphasizing compliance and timeliness.

03/24/2021

Read the new Fannie Mae March Appraiser Update and UAD redesign timeline.

09/03/2020

FANNIE MAE APPRAISER UPDATE:
On September 2, Fannie Mae announced one clarification and two updates to the Selling Guide on appraising properties with Accessory Dwelling Units (B4-1.3-05, Improvements Section of the Appraisal Report and B2-3-04, Special Property Eligibility Considerations ). Check out the updated Accessory Dwelling Units (ADUs) sections for more specific information concerning ADU property eligibility, ADU definition, new policy allowing the use of a multi-width Manufactured Home as an ADU, and a simplified comparable sales process. Links to the Selling Guide are available in the Help and Training section of the Appraisers page.

On September 2, Fannie Mae announced one clarification and two updates to the Selling Guide on appraising properties with Accessory Dwelling Units (B4-1.3-05, Improvements Section of the Appraisal Report and B2-3-04, Special Property Eligibility Considerations ). Check out the updated Accessory Dwel...

07/10/2020

Fannie Mae has made an extension of COVID-19 appraisal flexibilities.

We have three topics to inform you about in today’s update: the extension of COVD-19 appraisal flexibilities, new UAD FAQs, and the AQB’s Real Estate Appraiser survey. Extension of Flexibilities We have updated Lender Letter LL-2020-04, Impact of COVID-19 on Appraisals, to extend the expiration ...

06/30/2020

The Fannie Mae News Letter for June 2020 addresses Covid19, selling guide updates, the one-mile rule, continued education for manufactured housing, and flood zone questions.

05/14/2020

Fannie Mae News Letter: No assumptions allowed (on property conditions).

As Fannie Mae has begun to examine appraisals completed using our temporary appraisal flexibilities in Lender Letter LL-2020-04, Impact of COVID-19 on Appraisals, one issue we’ve observed is that some appraisals rely on assumptions about the subject property condition. Whether completing an exteri...

03/30/2020

The State of Michigan Department of Insurance and Financial Services has specified that appraisers are essential workers. Director Anita G. Fox's letter addressing the matter is linked below.

03/23/2020

Fannie Mae issues temporary guidance on appraisal requirements and completion reports in Lender Letter LL-2020-04

12/13/2019

Appraiser Update: December 2019

This edition includes an overview of Fannie Mae's mission, appraisal tool tips, a summary of the most frequent appraisal defects, and responses to common questions, including multiple parcel properties and appraisal waivers.

04/04/2019

Learn more about appraisal modernization and the new 1004P form in the Fannie Mae March 2019 Newsletter.

Address

2050 Celadon Drive NE Suite C
Grand Rapids, MI
49525

Opening Hours

Monday 8:30am - 4:30pm
Tuesday 8:30am - 4:30pm
Wednesday 8:30am - 4:30pm
Thursday 8:30am - 4:30pm
Friday 8:30am - 4:30pm

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