Freddie Mac Seller/Servicer Guide 5604.4: Reviewing appraisal reports, reconsideration of value requested by the Borrower, obtaining subsequent appraisal reports and reconciling multiple opinions of market value
This section contains:
Freddie Mac publishes the full text of this section: Freddie Mac Seller/Servicer Guide 5604.4 on the Freddie Mac website. Zeitro Strata answers questions about it with the passage and page cited.
What this section covers
- (a) Appraisal report review requirements
- (b) ROV requirements
- (c) Requirements for obtaining subsequent appraisal reports, appraisal desk review reports and appraisal field review reports
- (d) Reconciling multiple opinions of market value
- (e) Mortgage file documentation and delivery data
Guideline text quoted as published by the agency. The latest published version governs. This is not an underwriting decision.