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Using Freddie Mac Property Valuation Data

Freddie Mac provides proprietary property valuation information through multiple tools, including Loan Prospector®, Uniform Collateral Data Portal® (UCDP®), BPOdirect®, the Automated Valuation Model (AVM) Collateral Values report, and other third-party distribution methods. These tools return an estimate of property value generated by our proprietary automated valuation system, Home Value Explorer® (HVE®).  By providing HVE data and other loan-level data elements, our tools are designed to help Seller/Servicers assess their risk during the loan manufacturing process, solicit and originate Freddie Mac Relief Refinance MortgagesSM, facilitate the delivery of property valuation information at the time of purchase, and evaluate eligibility for loan modifications.

On this page you’ll find:

  • Language that should accompany Freddie Mac’s proprietary property valuation information when providing this information to loan applicants or borrowers.  
  • Instructions you should follow when you share our proprietary valuation information obtained through certain tools with loan applicants and borrowers.

The language and instructions are designed to help you in your disclosure efforts to meet applicable industry regulations and to make our valuation data easier for loan applicants and borrowers to understand.

Loan Prospector

Loan Prospector may return HVE data on the Loan Prospector Feedback Certificate, which may be shared with a loan applicant or borrower provided that the certificate includes a disclaimer and supporting text.  Below are options for restricting property valuation messaging in Loan Prospector and also guidance you can use when sharing HVE information with applicants and borrowers.

  • Options Available for Restricting Receipt of Property Valuation Messaging in LP.
    Approved Freddie Mac Seller/Servicers now have three options for receiving HVE point value estimates and associated valuation messages in Loan Prospector feedback:

    • Continue to receive all applicable HVE results, including the HVE point value estimate, as you do now.
    • Restrict the HVE point value estimate and related valuation information messages on all Loan Prospector submissions.
    • Restrict the HVE point value estimate and related valuation information messages on all Loan Prospector submissions, except for Relief Refinance MortgageSM – Open Access Loans.

Note: Even if you request to restrict certain applicable HVE results, you will continue to receive Loan Processing Information message Y6 regarding reviewing estimated value for accuracy. This message can be helpful in more easily identifying potentially inflated appraisal values. This message does not contain the HVE point value estimate.

To opt out, please click here: Request for Change Form.  If you have questions, please contact your Freddie Mac representative or 800-FREDDIE and select Option 1 and then Option 2 for Loan Prospector.

Guidance for Sharing HVE Information with Applicants and Borrowers

  • For users. If you are using, you should use the Freddie Mac Property Valuation Disclosure Form for Loan Prospector for disclosing HVE valuation data to borrowers or loan applicants.  If you choose to provide the entire Loan Prospector Feedback Certificate to disclose HVE valuation data, you should include this disclaimer and supporting text

  • For system-to-system users who are using Freddie Mac style sheet instructions. Freddie Mac is providing technical instructions that will allow you to update your systems and isolate the HVE data for use when sharing this information with loan applicants and borrowers. If you have any questions and would like to discuss this in more detail, please contact your Loan Prospector Technology Relationship Manager, Vendor Relationship Manager or Verification Analyst.

  • For users of the HVE Tool for Relief Refinance Mortgages. When originating Relief Refinance Mortgages, you may use the HVE data obtained from the HVE tool which you can access through

Uniform Collateral Data Portal

To learn more about HVE valuation information in UCDP, please visit our UCDP Q&A on Freddie Mac Proprietary Appraisal Messaging.


Servicers may check for an HVE point of value estimate (also known as "Auto Value") in BPOdirect or must order a broker price opinion (BPO), if required, through BPOdirect when determining the value of a property. BPOdirect has been updated to include the following additional language for an Auto Value or for a BPO.

AVM Collateral Values Report

The AVM Collateral Values report may be used to obtain a property value for Home Affordable Modification Program® (HAMP®) modifications, Standard Modifications, and Streamlined Modifications. The report contains a loan-level list of all 30, 60, 90+ delinquent or foreclosed loans in a Servicer's portfolio and the respective current AVM values, if available.

Servicers can access the AVM report through the Managers Series of servicing technology tools. The report is available through the Home Affordable Modification Program Web page under "Servicing Resources." Servicers must rely on the AVM report publication date to ensure its compliance with the 90-day property valuation requirement for each mortgage under consideration for a modification.

As a reminder, if an AVM value is available in the AVM Collateral Values report, the Servicer must use that value when evaluating a borrower for a loan modification.

Consumer Web page

If your loan applicants and borrowers have questions about Freddie Mac's HVE information, you may direct them to our Freddie Mac Home Valuation Web page. The page includes frequently asked questions and a glossary of terms, providing consumer-focused information about the valuation data obtained through Freddie Mac.



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