New Appraisal ROV Rules for 2024
UNDERSTANDING FREDDIE MAC’S NEW RECONSIDERATION OF VALUE (ROV) PROCESS: WHAT YOU NEED TO KNOW Effective August 29, 2024, Freddie Mac, in collaboration with Fannie Mae and HUD, is introducing significant changes to the Reconsideration of Value (ROV) process. These changes are aimed at ensuring consistency and fairness when dealing with