Lenders delivered $1.96BN (2.75%) with inspection based appraisal waivers in July, up 23.8% from June, and up 59.3% from a year ago. This is single largest month of issuance using inspection-based waivers since the solutions were introduced by the GSEs. By loan count inspection based appraisal waivers were 2.68% of issuance, down 7.9% over last…
Total of 343 Appraisal Management Companies (AMCs) maintain active state licenses across the United States, with less than 100 operating nationally.
The number of appraisals completed per unique appraiser was 12.3 in March 2026, up 17.5% over the last month, and up 16.0% on the March 2025. This is 6.6% up on the last 12 months average, and 16.1% up on the preceding 12-24 rolling average.
Lenders delivered $1.96BN (2.75%) with inspection based appraisal waivers in July, up 23.8% from June, and up 59.3% from a year ago. This is single largest month of issuance using inspection-based waivers since the solutions were introduced by the GSEs. By loan count inspection based appraisal waivers were 2.68% of issuance, down 7.9% over last…
Lenders delivered $1.58BN (2.43%) with inspection based appraisal waivers in June, down 2.4% from May, and up 30.2% from a year ago. By loan count inspection based appraisal waivers were 2.68% of issuance, down 7.9% over last month.
Lenders delivered $1.62BN (2.32%) with inspection based appraisal waivers in May, down 12.7% from April, and up 21.0% from a year ago. By loan count inspection based appraisal waivers were 2.66% of issuance, down 2.0% over last month. Overall, inspection based waivers in May were 9.8% of the combined non-appraisal solutions by loan balance. By…
The number of appraisals completed per unique appraiser was 12.3 in March 2026, up 17.5% over the last month, and up 16.0% on the March 2025. This is 6.6% up on the last 12 months average, and 16.1% up on the preceding 12-24 rolling average.
Lenders delivered $1.86BN (2.37%) with inspection based appraisal waivers in April, up 16.3% from March, and up 79.7% from a year ago. This is the largest monthly issuance since the GSE introduced these solutions. By loan count inspection based appraisal waivers were 2.71% of issuance, up 18.9% over last month.
Appraisal turn time increased during the 2020–2021 refinance cycle reaching a national average of 13.5 business days in peak periods on volume of 860,000 appraisals per month. At this time the national average was 21.8 appraisals completed per unique appraiser per month, with 39,600 active residential appraisers.
Lenders delivered $1.60BN (2.21%) with inspection based appraisal waivers in March, up 6.5% from February, and up 71.4% from a year ago. This is now a full year with over $1 billion loan balance issued, with the last 6 months averaging $1.5BN.