Learn about the Condominium Project Review and General Project Eligibility requirements as we navigate through project review types and assist you in understanding the appraisal and underwriting requirements specific to condominiums.
In addition, we will discuss Freddie Mac’s automated collateral evaluation (ACE) through Loan Product Advisor®, providing the option to underwrite certain loans without a traditional appraisal. Loans that qualify for ACE may receive relief from representations and warranties related to the property’s value, condition and marketability.
Speaker:
Carrie Cooper
National Trainer
Customer Education Services
Single Family Strategic Delivery
Freddie Mac
As a mortgage veteran of almost 20 years, Carrie has served the industry as a processor, underwriter and originator. Upon earning a degree in training and adult education, she has taken her experience and continued fascination with the industry to present a vast range of mortgage topics to colleagues around the nation. Her passion is supporting the development and success of fellow mortgage professionals.