Demo Day

HousingWire Annual Virtual Demo Day: Freddie Mac

Automated collateral evaluation (ACE)

Automated collateral evaluation (ACE) leverages proprietary models along with historical data and public records to allow lenders to originate certain loans without an appraisal. It’s a contactless option that helps Freddie Mac effectively manage collateral risk while savings lenders and borrowers time and money.

Product Fast Facts:

#1

ACE leverages proprietary models along with historical data and public records to allow lenders to originate certain loans without an appraisal.

#2

 ACE can save borrowers on average $500 on appraisal costs.

#3

ACE can help lenders close loans 11-13 days faster on average.

Visit Freddie Mac’s Services Guide Page

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