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Freddie
Mac's Home Value Explorer
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ACBS can now provide photos
with every HVE.
Freddie
Mac's Home Value Explorer
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one of the tools ACBS provides, is an Automated Valuation
Model that provides instant estimates of current residential
property values in all 50 states and the District of Columbia.
Home Value Explorer cuts processing time and lowers the cost
of processing loans.
Lending institutions can use Freddie Mac's Home
Value Explorer
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for home value estimates for a variety of business applications
including processing second mortgages, home equity loans,
and home equity lines of credit.
Freddie Mac's Home Value Explorer
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is based on proprietary data gathered from Freddie Macs
30 years of mortgage experience and supplemented by databases
provided by the two largest national property data repositories.
This tool gives users a number of advantages:
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Freddie
Mac modeling expertise |
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High
quality test data |
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Extensive
reach the database covers 3,200 counties and all
50 states |
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High
hit rate if prior sales information is provided,
hit rates approach 100%. Hit ratio on other properties
submitted is over 70%. |
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There
is no charge for the service if a valuation is not returned |
For more information call the Sales Department, toll-free
at 1-866-530-2227.
Or
by e-mail at salesdept@acbsi.com.
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