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News Headlines - freddie mac appraisal

Freddie Mac to Offer Appraisal-Free Mortgage Program
Builder Magazine
Freddie Mac will soon offer a product that cuts appraisers out of qualified home purchases and refinances, reports HousingWire staffer Kelsey Ramirez. The program could save borrowers an estimated $500 in fees and could reduce closing times by as much ...

and more »


Freddie Mac extends appraisal-free mortgage program to purchase loans
Freddie Mac announced Friday it is making buying a home a better experience for lender and homebuyers – by cutting the appraiser out of the process. The company is now offering a new product which will cut the appraisal process out of qualified home ...
Freddie Mac to Automate Appraisals for Some Purchase MortgagesMortgage News Daily
Peter Boutell, Lending a Hand: Wealthy borrowers must meet guidelines, tooSanta Cruz Sentinel
Freddie Mac August 2017 OutlookThe FINANCIAL
all 24 news articles »

Mortgage Professional America

Freddie Mac introduces appraisal-free mortgage program
Mortgage Professional America
Freddie Mac announced Friday that some people buying homes or refinancing existing mortgages may be eligible for an alternative to a traditional appraisal. Using Freddie's automated collateral evaluation (ACE), borrowers could save around $500 and ...
Freddie Mac is ACEDSNews.com
Freddie Mac offers automated appraisal alternativeFinancial Regulation News
GSE Rolling Out Automated Collateral Evaluation on September 1Mortgageorb

all 9 news articles »

Freddie Mac wants to automate the appraisal process, for some
The system can also assess if a property needs to be appraised by a human, or if the data is sufficiently accurate that an automated appraisal is good enough. Freddie Mac said the program is also on offer to borrowers interested in refinancing their homes.

Charlotte Observer

Freddie Mac: Mortgage rates continue to hold amidst economic uncertainty
Appraisal Buzz (press release) (registration) (blog)
Mortgage rates continue to fall slightly as weak economic data brings uncertainty to the market. But while mortgage rates are down, Freddie Mac's survey showed the Treasury Yield still increased slightly. Via:: Freddie Mac: Mortgage rates continue to ...
Cash home sales increase as competition heats upHousingWire

all 17 news articles »

Freddie, Fannie, and Lender Shifts in Appraisal and Inspection ...
Mortgage News Daily
What does $980k buy in the SF suburb of Vallejo, CA? A property designed by Julia Morgan (think Hearst Castle) with floating stairways, over-sized eves, ...

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Freddie Mac: Why We are Building So Few Houses? - Appraisal Buzz
Appraisal Buzz (press release) (registration) (blog)
Freddie Mac's Outlook this month looks at what it calls “the spoiler,” the lean inventory of newly constructed homes for sale. While the situation isn't quite as dire ...

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Why Automation Is Killing the Property Appraisal Business
Fannie Mae and Freddie Mac are already experimenting with some automation, which will undoubtedly continue. Perhaps the future role of the appraiser will be as an arbitrator who offers a human check-and-balance to an automated system, Keys said.

Freddie Mac kills 1% down payment mortgages - Appraisal Buzz
Appraisal Buzz (press release) (registration) (blog)
Freddie Mac announced it is changing the requirements to its low down payment mortgage program and will no longer allow lenders to contribute gifts or grants ...

and more »


Struggling with mortgage payments? Refinance with HARP
Houses on a tree lined street Imagenet/Getty Images It's not what you get when you arrive in heaven, and it's not a refreshing Irish lager. HARP, or the Home Affordable Refinance Program, is a great way to refinance your mortgage and save a ton of ...

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