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Automated Collateral Evaluation - ACE

Note: Vertical revision bars " | " are used in the margin of this reference to highlight new requirements and significant changes. March 2022 Freddie Mac Learning Automated Collateral Evaluation (ACE) Automated Collateral Evaluation (ACE) What is Automated Collateral Evaluation ? The Automated Collateral Evaluation from Freddie Mac provides Sellers with the option to waive the appraisal requirements for certain Loan Product Advisor mortgages. The tools within Freddie Mac Loan Advisor work together seamlessly to identify, validate, confirm and track loans that are eligible for and receive the Automated Collateral Evaluation appraisal waiver option.

Aug 22, 2021 · the Uniform Collateral Data Portal® and the appraisal has an effective date within 120 days of an initial Loan Product Advisor submission. Effective October 4, 2021 a new feedback message corresponding to this restriction will be provided on …

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