Mortgage tech company Xactus announced that its valuation solution Appraisal Firewall X has met federal requirements and is capable of fulfilling Fannie Mae property data collection orders.
Appraisal Firewall X connects mortgage lenders with vetted and trained property data collectors to deliver the value acceptance + property data and hybrid appraisal solutions, the company said in a release.
Fannie Mae’s value acceptance + property data extends an appraisal waiver as long as property data is gathered by a vetted and trained third party and a floor details ⇒
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