We’re adding a new Freddie Mac proprietary feedback message (effective April 17, 2020) to Loan Collateral Advisor® and Uniform Collateral Data Portal® (UCDP®). We’re doing this in support of the temporary appraisal flexibilities announced in Single-Family Seller/Server Guide Bulletin 2020-5 to help provide proper representation and warranty relief assessment.
The message will note when exterior-only appraisals (as identified in the Map Reference field of the appraisal report) are submitted to UCDP using an incorrect appraisal form and will request resubmission to UCDP on the appropriate form.
The Loan Collateral Advisor feedback message list and UCDP feedback message list have both been updated to include the new message. Please make sure the new message is considered in your appraisal submission process to UCDP.
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