Looks like Freddie is requiring an appraisal update from 60 days of delivery of the mortgage.  That used to be 120 days and 60 days on the conversion of a construction loan to permanent financing.

Also requiring an appraisal on streamlines that did not originate with Freddie.  That used to be no appraisal required.

Conclusion: Credit tightening measures that may lead to more appraisal work (if there is money to lend of course).  See below.  Click here for the source document.

Hat tip to: Mark Mandros, Bloomington, IL!