The March 25, 2022 Freddie Mac Loan Advisor® in ECO® release offers valuable insights with enhancements to several rep and warranty (R&W) relief dashboards and brings back the ACE (automated collateral evaluation) Cost Savings dashboard with a new look and feel. Please see below for a few highlights of the changes:

  • Income R&W Relief Performance Dashboard – Employer Data - There’s a new Verification of Employment Only category under the Not Eligible Reasons and we’ve added all asset and income modeler (AIM) service providers.
  • Income R&W Relief Performance Dashboard – Self-Employed - There are two new categories (Insufficient Tax Transcript(s) Data and Income Deviation) under the Not Eligible Reasons.
  • Asset R&W Relief Performance Dashboard - Payroll related reports that aren’t related to asset rep and warranty relief are now excluded.
  • ACE Cost Savings Dashboard - This dashboard is back with a new look to give you greater insight into potential borrower savings on appraisal costs when using ACE appraisal waivers.

Log into ECO to check out the new enhancements or read the release notes for more information.