These changes were made to reflect current realities with the public health emergency and market conditions as a result of the COVID-19 pandemic.
NewRez is implementing several temporary guideline changes for re-verification of employment and utilizing Exterior-Only and Desktop-Only Appraisal reports as alternatives to the standard Exterior-Interior Inspection Appraisal report. FHA Loans – Temporary Guidance for Verifications of Employment and Appraisal Reports