Market Moves with Mark and Jeff

Market Moves E18: Skip the Appraisal?


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Mark and Jeff respond to the FHFA announcement that they are expanding appraisal waivers from 80% LTV to 90% LTV loans, and inspection-based waivers up to 97% LTV loans. Who are the winners and losers? Why would FHFA take on this added risk, or is it even an added risk? The duo focuses on some good news on PCE inflation hot off the press, as well.

FHFA Announcement https://www.fhfa.gov/news/news-release/fhfa-announces-updates-to-enterprise-policie[…]raisals-loan-repurchase-alternatives-and-pricing-notifications

Appraisal Institute Response https://www.linkedin.com/posts/appraisal-institute_public-announcement-from-appraisal[…]275378302976-LPZ_?utm_source=share&utm_medium=member_desktop

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Market Moves with Mark and JeffBy Market Moves