If you were to ask anyone in the mortgage industry what “1004” means, they would immediately tell you that it is the Fannie Mae appraisal form for single-family homes. How about “1004 C?” That’s their form for manufactured homes and “1073” is their form for condominiums. Freddie Mac uses the same form templates, just with different numbers. 

But that’s all about to change. For the first time in more than two decades, the presentation of the appraisal report is being overhauled. The GSEs are in the “start your engines” phase of an industry-wide implementation of the re-designed Uniform Residential Appraisal Report details ⇒

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