Category: Freddie Mac

Appraisal Waivers and Property Data Fannie Mae Freddie Mac Nonbanks Retail

Inspection based waivers at nonbank retail set new benchmarks

For nonbank retail lenders who delivered a minimum of 100 loans…
Appraisal Waivers and Property Data Banks Fannie Mae Freddie Mac

Use of inspection based waivers at banks driven by largest originators

Large banks including Flagstar Bank, JP Morgan Chase, Truist Bank, Citizens…
Appraisal Modernization Appraisal Waivers and Property Data Fannie Mae Freddie Mac Valuations

Inspection based waivers in June achieve highest issuance of 2024

Lenders delivered $921MM (1.58%) with inspection based waivers in June, up…
FHFA Freddie Mac Home Equity Home Equity Loans

Freddie Mac Second Mortgage Approved as New Pilot by FHFA

On June 21, FHFA announced conditional approval of Freddie Mac’s second…
Appraisal Modernization Appraisal Waivers and Property Data Fannie Mae Freddie Mac Valuations

Inspection based waivers in May reach highest for 6 months

For May 2024, GSE issuance totaled $54.5BN, up 33.0% on April.…
Appraisal Modernization Appraisal Waivers and Property Data Fannie Mae Freddie Mac Valuations

Rocket Mortgage market share now over 40%

With total GSE issuance was down another 10% in April, production…
Appraisal Modernization Appraisal Waivers and Property Data Banks Correspondent Credit Unions Fannie Mae Freddie Mac Institution Nonbanks Valuations

Over 492 Top Mortgage Correspondents Now Using Inspection-based Waivers

This article quantifies the number of top mortgage correspondents using appraisal…
Appraisal Modernization Appraisal Waivers and Property Data Fannie Mae Freddie Mac Valuations

Select lenders maximizing inspection-based waivers in March 2024

For March 2024, GSE issuance totaled $46.1N, up 24.1% on February.…