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Category: Valuations
Rocket Mortgage market share now over 40%
With total GSE issuance was down another 10% in April, production…
Over 492 Top Mortgage Correspondents Now Using Inspection-based Waivers
This article quantifies the number of top mortgage correspondents using appraisal…
Select lenders maximizing inspection-based waivers in March 2024
For March 2024, GSE issuance totaled $46.1N, up 24.1% on February.…
Inspection-based waivers saved borrowers an estimated $10.8 million in the past 12 months
Inspection-based waivers saved borrowers an average of $375 per loan, and…
Fannie Mae Valuation Acceptance + Property Data activates 40% of lenders in 2023
The Fannie Mae Valuation Acceptance + Property Data (VA+PD) program finished…
Freddie Mac ACE+ PDR solutions finish the year higher
For the full year of 2023, 476 lenders have directly delivered…
Correspondent sellers make big gains with inspection-based waivers
For November 2023, GSE originations totaled $47.7BN, down 9.86% on the…
Inspection-based waivers now used by 25% of GSE sellers this year
For October 2023, GSE originations totaled $50.8BN, down 14.4% on the…