In an effort to improve the quality of appraisal reports, Fannie Mae has scanned appraisals and tracked the number of reports with prohibited and/or subjective language since 2021. In 2021 over 1,500 appraisers received letters notifying them of a violation. The overall occurrence rate has declined from 0.15% of appraisal reports in 2021 to just 0.03% in 2023. These statistics highlight the remarkable progress appraisers have made in becoming more objective in their thinking, writing, and in eliminating consideration of protected class. You can read the full progress report here.
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