Selling Guide

Published June 3, 2020

The Selling Guide is organized into parts that reflect how lenders generally categorize various aspects of their business relationship with Fannie Mae. To begin browsing, select from any of the sections below. You may also download the entire Selling Guide in PDF format.

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Why must the appraisal include the entry “desktop” in the Map Reference field of the appraisal report? 

Note: This FAQ comes from the published COVID-19, FAQs on Appraisals

Why is Fannie Mae requiring the appraisal include the entry “desktop” in the Map Reference field of the appraisal report?

This helps identify the scope of work completed. Because we are permitting desktop appraisals to be completed on forms that are typically used for interior and exterior inspection appraisals, we will be relying on the text in the Map Reference field to identify the type of appraisal (desktop) completed. It is critical that the Map Reference field show “desktop” when applicable. 

For more information, refer to the published Lender Letter LL-2020-04, Impact of COVID-19 on Appraisals.

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