GSE Appraisal Modernization Lenders – 2017 to Q1 2025

Description

This report identifies lenders utilizing GSE appraisal modernization solutions from 2017 through Q1 2025. This allows users to assess which lenders have already utilized inspection-based appraisal waivers, and are able to take advantage of hybrid appraisal immediately, and lists 585 GSE direct sellers and 2070 GSE correspondents.

• For 1- to 4-family residential properties with 1st lien, closed-end mortgages 
• Includes 585 GSE sellers, including aggregators and 2070 GSE correspondents
• For Sellers and Correspondents – shows lender ID, lender name, institution type, volume rank and year in which lender started utilizing any of the valuation modernizations solution offered by the GSEs
• For Sellers – shows lender ID, lender name, institution type, volume rank, seller channel, and loan purpose
• For Correspondents – shows lender ID, lender name, institution type, volume rank, and loan purpose
• Other attributes available upon request.

The deliverable is a multi-tab spreadsheet file and with unique lender IDs to identify each lending institution to allow for subsequent data matching. This excludes lenders and loans delivered using appraisal waivers, formerly known as Property Inspection Waivers (PIWs), as these require no property valuation at the time of origination, and ~97% of GSE sellers and correspondents have already utilized the solutions.