Field Review Appraisal is known as the FNMA 2000 which is an appraiser assessing another appraiser's work on an existing Full Residential Appraisal.  The Field Review Appraisal is what many lenders use to detect errors on an existing Full Residential Appraisal that may include agency errors, over-inflation of properties, and fraud.  The Field Review Appraisal is used by mortgage quality control companies, compliance departments of lending and financial institutions.  Field Review Appraisals are sometimes used in mortgage investigations and legal pursuant in mortgage fraud. The Field Review Appraisal contains:

• Exterior Inspection        

• Exterior Inspection of Comparable Properties        

• Photos of the all sides of the Subject Property        

• Photos of the Comparable Properties   

• Statement indicating the value supporting the data or revised data supporting a more accurate value estimate of the effective date of the original appraisal

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Order a Field Review Mortgage Appraisal today.

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Contact QMS to be your Appraisal Management Company and your full service quality control company to provide you with your Interagency Compliance in your appraisal operations. Also, Appraisal Defect and Detection (ADDP) is the best appraisal underwriting tool available to assess collateral risks.

    Phone:  (615) 786 0344
    Email:  qms@qcmortgage.com