PATHWAY Appraisal Delivery
Whether you are a lender in search of your own connection, a correspondent lender, AMC or technology provider searching for an integration point for your clients, PATHWAY offers a seamless submission solution to Fannie Mae, Freddie Mac and FHA’s appraisal delivery portals with minimal integration effort.
PATHWAY is the appraisal delivery solution that you can count on for:
PATHWAY is Ranked #1 for Appraisal Delivery Volume into the UCDP®
PATHWAY is the ideal appraisal solution for entities with volumes too large for manual upload to UCDP or EAD’s web interfaces, but not large enough to necessitate an enterprise platform solution. Lenders and appraisal providers who deliver to the GSEs and to FHA also benefit from utilizing a single entry point for all appraisals headed to the secondary market.
Submit appraisals with confidence with Pathway’s Preview which provides the ability to reprocess or correct errors before UCDP delivery. This is a two-step process.
UAD Preview – PATHWAY conducts a quality check on the appraisal report’s contents to confirm the information is ready for UCDP submission
UCDP Preview – The second check is an initial run-through of UCDP’s known requirements to confirm passing status
Integration to EAD and UCDP through PATHWAY is straight-forward, requires minimal IT resources and provides clients with the confidence that Veros – the technology provider that built and maintains both the UCDP and EAD platforms – will ensure your connection point is complete and assist you with issue resolution and future system updates.
TO SPEAK TO OUR SALES TEAM
The housing market situation is fundamentally different from that during the great recession of 2008. One of the key reasons why house prices have not declined significantly is because of the very low inventory of homes available for sale. There were fewer than one million existing homes available for sale in January 2023 compared to over 3 million in any month during 2007-2008.
High home prices coupled with high interest rates made purchasing a house increasingly unaffordable. As a result, demand for home purchases fell. Pending sales across the United States decreased by over 40% from mid-June to the end of 2022.
In this short article, we look at three different consumer mortgage metrics when comparing the economic conditions today to the Great Recession over a decade ago.