{"id":"SEC-14-012","kind":"order","level":"federal","jurisdiction":"United States","state":"","metro":"","industry":"14","agency":"","eco":"","issuer":"Fannie Mae (under FHFA conservatorship direction)","authority":"Fannie Mae Selling Guide; FHFA direction of Mar. 23, 2020","instrument":"Lender Letter LL-2020-04 (Mar. 23, 2020; updated through Dec. 10, 2020)","title":"Impact of COVID-19 on Appraisals","dateIssued":"2020-03-23","effective":"2020-03-23 (first issue; version history moved here]","end":"2021-05-31 (flexibilities not extended thereafter)","startDate":"2020-03-23","endDate":"2021-05-31","quarters":["2020Q2","2020Q3","2020Q4","2021Q1","2021Q2"],"types":["OTHER"],"addressees":["Fannie Mae sellers and servicers; appraisers"],"clause":"Temporary appraisal requirement flexibilities: allowing exterior-only inspection appraisals or desktop appraisals... Extension of effective date: extending the application dates eligible for these temporary flexibilities to Jan. 31, 2021","enforcement":"Selling Guide contractual requirements; loans ineligible without compliance","functions":["AP","CL","CB lenders"],"notes":"Freddie Mac Bulletin 2020-5 (Mar. 23, 2020) is the parallel instrument (cite by name)","sourceUrl":"https://singlefamily.fanniemae.com/media/22321/display","snapshot":"","fileExists":true,"fileBytes":210688,"grade":"primary","character":"","description":"","collection":"SEC-14","url":"/library/SEC-14-012","exhibitUrl":"/exhibit/SEC-14-012","citation":"Fannie Mae (under FHFA conservatorship direction), Lender Letter LL-2020-04 (Mar. 23, 2020; updated through Dec. 10, 2020) (Ex. SEC-14-012)","stateName":"","related":[]}