LO
DeploymentCognitive automation2025-12-10
For eligible loans an appraisal is not required when a trained and vetted property data collector visits the home, Fannie Mae's Selling Guide states
Property appraiser / valueroccupation page →
Event date / reported
2025-12-10
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
Inspecting the property
Visiting the property, measuring it, noting condition and features, and photographing it.
Still human-led✓ Evidence-backed
Where this applies
United States. Fannie Mae's guide says that for certain loan casefiles its automated underwriting offers value acceptance plus property data: interior and exterior property data collection verifies eligibility before closing and an appraisal is not required. The collection is a visual observation of the inside and outside of the property and must be performed by a trained and vetted property data collector. One mortgage agency's rule; it gives no volumes.
What this means
The home visit can now be done by a data collector instead of an appraiser, with no appraisal report at all.
What it does not yet show
One agency's rules; no figures on how often this option is used.
What you can check
Open Fannie Mae Selling Guide topic B4-1.4-11 and find "trained and vetted property data collector".
Does it change the assessment?
No. The impact index is never moved by a single event. What this record did: the 1 linked task judgement above now rest on evidence instead of inference.
Source
Fannie Mae Selling Guide — B4-1.4-11, Value Acceptance + Property Data (12/10/2025) · 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.