October 2022
KPMG Insight. The FHFA announcements to credit, pricing, and public appraisal data mark profound steps in an effort to increase transparency as well as lending access. These changes will require not only GSE but industry-wide system and process changes. Financial service providers should work to quickly assess potential impacts, analyze newly available appraisal data, and determine near- and longer-term decision points and implementation needs, including in such areas as credit decisioning, pricing, investor requirements, and fair lending/Community Reinvestment Act impacts.