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Home » Store » GSEs » Fannie and Freddie Introduce Appraisal Sharing Feature

Fannie and Freddie Introduce Appraisal Sharing Feature

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GSEs

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Fannie Mae and Freddie Mac have implemented a new appraisal sharing feature in the Uniform Collateral Data Portal to help correspondent lenders. When it launches Feb. 7, correspondent lenders will be able to share appraisal information with their aggregators within the portal so they can get real-time results for their correspondents’ appraisals. The GSEs said this ensures that they will have the most up-to-date appraisal information when selling a loan to aggregators.The correspondent will be able to share individual appraisals with specific aggregators and delve into more details when they retrieve the appraisal. The aggregator can access the status, funding and submission summary report for the correspondent-shared appraisals.
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