LO
DeploymentCognitive automation2024-10-28
Purchase loans of up to 90 percent loan-to-value became eligible for appraisal waivers, and up to 97 percent with an inspection, the US housing finance regulator announced
Property appraiser / valueroccupation page →
Event date / reported
2024-10-28
Evidence stage
DeploymentAn employer has put it into production. Can move the baseline — weighted by scale and how similar the setting is.
Tasks this bears on
Analysing sales and estimating value
Choosing comparable sales, adjusting for differences and reaching a value for a lender or client.
Automating✓ Evidence-backed
Where this applies
United States. The regulator of Fannie Mae and Freddie Mac announced that the maximum loan-to-value ratio of purchase loans eligible for appraisal waivers would rise from 80 to 90 percent, and of purchase loans eligible for inspection-based appraisal waivers from 80 to 97 percent, with risk management controls. A policy change for the two mortgage agencies; it gives no figures on how many loans go without an appraisal.
What this means
More home purchases in the US can now be financed without an appraisal.
What it does not yet show
A policy change; it does not say how many loans actually skip the appraisal.
What you can check
Open FHFA's news release of 28 October 2024 and find "eligible for appraisal waivers will increase from 80 percent to 90 percent".
Does it change the assessment?
No. The impact index is never moved by a single event. Nor did this record change a layer: all 1 linked judgement above already rested on earlier evidence. This one adds to them.
Source
Federal Housing Finance Agency — news release: FHFA Announces Updates to Enterprise Policies on Appraisals, Loan Repurchase Alternatives, and Pricing Notifications (10/28/2024) · verified 2026-10-01 · Claude (VOLO agent) · interpreted 2026-10-01 · Claude (VOLO agent)
Primary source — published by the party that did this, or the authority of record. No co-signature needed.