Freddie Mac Single-Family Seller/Servicer Guide 4407.2 — Representation and warranty relief for automated collateral evaluation (ACE) or ACE+ PDR offers and Loan Collateral Advisor®
Freddie Mac Single-Family Seller/Servicer Guide section 4407.2 — Representation and warranty relief for automated collateral evaluation (ACE) or ACE+ PDR offers and Loan Collateral Advisor®. Full verbatim section text, substring-verified against snapshot 5869ee9e606cd4ae.
Verbatim regulatory text
Verbatim provisions from Freddie Mac Single-Family Seller/Servicer Guide 4407.2 — Representation and warranty relief for automated collateral evaluation (ACE) or ACE+ PDR offers and Loan Collateral Advisor® — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.
Freddie Mac Single-Family Seller/Servicer Guide 4407.2 — Representation and warranty relief for automated collateral evaluation (ACE) or ACE+ PDR offers and Loan Collateral Advisor®
For Mortgages secured by property in an Eligible Disaster Area, Freddie Mac: ■ May systematically suspend automated collateral evaluation (ACE) and/or ACE+ PDR eligibility and appraised value representation and warranty relief eligibility on new Loan Product Advisor® or Loan Collateral Advisor® submissions ■ Will notify Sellers in a Guide Bulletin of the occurrence of any disaster that requires a systematic suspension Freddie Mac will monitor market developments within impacted areas and reinstate eligibility at its discretion. Note: See Chapter 5602 for eligibility requirements for ACE, ACE+ PDR and Loan Collateral Advisor appraised value representation and warranty relief.
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Source of record: https://claudeforcompliance.com/regs/fhlmc-4407-2/
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