We’ve added new names for the collateral offering types in Loan Coverage Advisor® to provide you greater data display clarity and, ultimately, a better experience. These new changes won’t impact the assessment or processing of these offering types. 

The old displays and their corresponding new displays are listed below:

Old Display

New Display

Loan Collateral Advisor

Traditional Appraisal

Automated Collateral Evaluation



ACE+ Property Data Report

Appraisal Waiver


You’ll now see these new names in the tool’s user interface and search exports. Review the September 2023 release notes for more information and example screenshots of these changes or log into Loan Coverage Advisor and check them out for yourself.