MtgeFi Blog
-
Top 10 Reasons Why Nonbank Sellers Migrate to Hybrid Appraisals
Hybrid appraisals can play a role in supporting nonbank seller/servicers with customer retention. They utilize Uniform Property Data (UPD) reports that provide rich property information and enables borrower engagement.
-
Hybrid Appraisal Adoption Now 19% for Lenders Using UPD
Hybrid appraisal adoption analysis from the MtgeFi Hybrid Appraisal survey and a nationwide sample of 313 GSE lenders – 230 non-banks, 57 banks and 26 credit unions. This represents 26.8% of all GSE sellers and correspondents actively placing UPD orders.
-
Inspection Based Appraisal Waivers In November – Highest Use by Lenders
November saw 194 (14.9%) of all active sellers deliver loans to the GSEs with inspection based appraisal waivers – the highest monthly participation by lenders for over 2 years.
-
Inspection Based Waivers In October Surge 28.7% to $1.85BN
Lenders delivered $1.85BN (2.57%) with inspection based appraisal waivers in October, up 28.7% from September. Total GSE issuance was $72.2BN, up 14.1% from last month, with non-cash out refinances up 116%.
-
New Report Puts U.S. Residential AVM Market Size at $363M
MtgeFi published the U.S. Residential AVM Market Report in October 2025, providing lenders, investors and other industry stakeholders with a comprehensive overview of the AVM market size, growth trends, key vendors & products, and regulatory impacts. AVM Market Size The U.S. residential AVM Total Addressable Market (TAM) in 2025 is estimated at $363 million from…
-
Inspection Based Waivers In September Now At $1.44BN
Lenders delivered $1.44BN (2.28%) with inspection based appraisal waivers in September, down 6.9% from August. This is the 6th consecutive month with over $1 billion loan balance issued, and 2nd highest month since programs began.
-
Inspection Based Waivers In August: Highest Production at $1.55BN
Lenders delivered $1.55BN (2.36%) with inspection based appraisal waivers in August, up 25.8% from July. This is the 5th consecutive month with over $1 billion loan balance issued, and highest month since programs began.
-
Residential Appraiser Trends Since 2016; New Projections for 2025-2030
Given these recent trends, the number of active residential appraisers supporting first mortgages originations could fall below the actual number of appraisers currently submitting to the Uniform Collateral Data Portal (UCDP) for the first time ever.
-
Inspection Based Appraisal Waivers In July Delivered More Than $1.2BN
Lenders delivered $1.23BN (2.15%) with GSE inspection based appraisal waivers in July, up 1.15% on June. This is the fourth consecutive month with over $1 billion loan balance issued, and second highest month after May.
-
Housing Finance Forecast for July 2025 now available
The MBA forecast now estimates 5.67 million, 6.22 million and 6.31 million loan originations for 2025, 2026 and 2027 respectively, with estimates marginally lower than June. Fannie Mae forecast estimates 5.27 million and 6.40 million loan originations for 2025 and 2026 respectively, marginally higher since last month.