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Board accepts staff recommendation in Fannie Mae complaint; offers diversion and training
Summary
The board voted to accept staff’s recommendation on complaint 20242201 from Fannie Mae, approving a nonpublic stipulation for diversion that includes a work‑product review (four appraisals over two months) and required coursework (two 15‑hour courses) and record-keeping improvements.
The Board of Real Estate Appraisers accepted staff’s recommendation on complaint 20242201, a matter initiated by a Fannie Mae submission that flagged language in appraisal reports as potentially discriminatory.
Division Deputy Director Garrett Lyle summarized the investigator's findings, telling the board that review of the reports and work files indicated multiple potential rule…
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