Freddie Mac Aces the 2018 HousingWire Tech100 Awards
April 13, 2018
Freddie Mac is a 2018 HousingWire Tech100™ Award winner for Loan Product Advisor® automated collateral evaluation (ACE). The awards are presented annually to the 100 most innovative technology companies in the US housing industry.
Released in June 2017, ACE is one of several innovations Freddie Mac has introduced through Loan Advisor Suite®. HousingWire recognized ACE for its ability to speed up, simplify and lower the cost of loan origination for both lenders and their borrowers. It does this by reducing the need for traditional appraisals on certain loans, while also providing the immediate certainty of collateral representation and warranty relief.
This is the second consecutive year that Freddie Mac has won the award, after winning in 2017 for Loan Advisor Suite, our revolutionary loan production solution that helps lenders increase origination efficiencies and lower costs.