Waiver Stats

[alebrewer]

And a good resource for appraisal/waiver related data.

Inspection based waivers in December highlight 66% growth last year

The number of inspection based appraisal waivers used by GSE sellers in 2024 was 40K (2.0%) compared to 24K (1.3%) in 2023, a jump of 66.4%.

mtgefi.com

 

[NC Appraising]

Are there any data sources for hybrids?

 

[shrubberyvaluation]

I think the incentive for hybrids is from the mortgage side that isn't a hard money lender. Give the borrower like 4-5 tries. Waiver fails, go to AVM, that failsgo to hybrid PDC+AVM, that fails to to PDC + appraiser, that fails go to full appraisal. Maybe they will get lucky on one of them if the contract is above market value.

 

[J Grant]

Are there any data sources for hybrids?

I can't say...no more access to data than anyone else -.

But consider this - the new forms coming out are an umbrella type 1004 master UAD form with a check box as to whether the appraiser did not or did not inspect, the subject,

That check box, and (perhaps another lingo, idk) is what indicates whether the appraisal is a hybrid or not. This means the two are considered a 1004 form appraisal, making it unlikely that there will be a discourse or separation of data available as to which ones were which ones were appraisals where the appraiser did both parts of the whole.

 

[Dublin ohio]

This means the two are considered a 1004 form appraisal

They already are. The desktop is a 1004 (desktop) same with the hybrid

 

[ZZGAMAZZ]

And a good resource for appraisal/waiver related data.

Inspection based waivers in December highlight 66% growth last year

The number of inspection based appraisal waivers used by GSE sellers in 2024 was 40K (2.0%) compared to 24K (1.3%) in 2023, a jump of 66.4%.

mtgefi.com

And a good resource for appraisal/waiver related data.

Inspection based waivers in December highlight 66% growth last year

The number of inspection based appraisal waivers used by GSE sellers in 2024 was 40K (2.0%) compared to 24K (1.3%) in 2023, a jump of 66.4%.

mtgefi.com

And a good resource for appraisal/waiver related data.

Inspection based waivers in December highlight 66% growth last year

The number of inspection based appraisal waivers used by GSE sellers in 2024 was 40K (2.0%) compared to 24K (1.3%) in 2023, a jump of 66.4%.

mtgefi.com

Data appreciated. I'm curious: just in general, are loan terms affected in any way by the valuation source? And, is info available to describe waiver vs live appraisal vs AVM loan default rates?