AI Letter to New FHFA Director Bill Pulte
Effective 03/25/2025
Letter from the Appraisal Institute to FHFA Director Bill Pulte congratulating him on his recent confirmation by the Senate, and respectfully urging him to reconsider recent policies expanding eligibility for appraisal waivers and hybrid appraisals.
Summary
The letter congratulates Director Pulte on his new role and expresses concern about recent Fannie Mae and Freddie Mac policies expanding appraisal waivers for high LTV loans. It urges the Director to reconsider these changes to protect consumers and maintain housing market stability.