Freddie Mac Single-Family Seller/Servicer Guide 4603.5 — Appraisal requirements for super conforming Mortgages

fhlmc-4603-5

Freddie Mac Single-Family Seller/Servicer Guide section 4603.5 — Appraisal requirements for super conforming Mortgages. Full verbatim section text, substring-verified against snapshot 5869ee9e606cd4ae.

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source:
  type: regulation
  id: fhlmc-4603.5
  authority: Freddie Mac Single-Family Seller/Servicer Guide 4603.5 — Appraisal requirements for super conforming Mortgages
  description: Freddie Mac Single-Family Seller/Servicer Guide section 4603.5 — Appraisal requirements for super conforming Mortgages. Full verbatim section text, substring-verified against snapshot 5869ee9e606cd4ae.
  effective_date: '2026-02-04'
obligations:
  - id: fhlmc-4603.5-full
    canonical_id: fhlmc-4603.5-full
    section: Freddie Mac Single-Family Seller/Servicer Guide 4603.5 — Appraisal requirements for super conforming Mortgages
    description: The Seller must obtain an appraisal that meets Freddie Mac requirements unless the Last Feedback Certificate includes an automated collateral evaluation (ACE) offer stating that the Mortgage is eligible for collateral representation and warranty relief with ACE or ACE+ PDR and the Seller has accepted the offer. Refer to Section 5602.3 for more information on ACE or Section 5602.4 for information on ACE+ PDR.
    type: do
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    program_review: ''
    file_review: ''
    judgment: false
    feeds: []
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    owner_role: ''
    secondary_owner_role: ''
    cadence: ''
    consequence: ''
    tags:
      - regulator-direct
      - fhlmc
      - freddie-guide
      - section-complete
      - full-text-rebuild
    primary_source:
      tier: 1
      authority: Freddie Mac Single-Family Seller/Servicer Guide 4603.5 — Appraisal requirements for super conforming Mortgages
      source_class: fhlmc-guide
      source_url: https://guide.freddiemac.com/
      snapshot_id: 4c94f67729042dd6
      fetched_at: '2026-06-18T00:00:00+00:00'
      content_hash: sha256:9a1b23e5024bb369e7a59d36b3702383c11ace68b5d209fdef791bc8f955c637
      paragraph_quote: The Seller must obtain an appraisal that meets Freddie Mac requirements unless the Last Feedback Certificate includes an automated collateral evaluation (ACE) offer stating that the Mortgage is eligible for collateral representation and warranty relief with ACE or ACE+ PDR and the Seller has accepted the offer. Refer to Section 5602.3 for more information on ACE or Section 5602.4 for information on ACE+ PDR.
      drafter_attestation: Verbatim from Freddie Mac Seller/Servicer Guide 4603.5, snapshot 4c94f67729042dd6; substring-verified against the snapshot (raw projection) on 2026-08-23.
      verbatim_gate: raw
      fhlmc_effective_date: '2026-02-04'
    fhlmc_effective_date: '2026-02-04'

Verbatim regulatory text (1)

Verbatim provisions from Freddie Mac Single-Family Seller/Servicer Guide 4603.5 — Appraisal requirements for super conforming Mortgages — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.

Freddie Mac Single-Family Seller/Servicer Guide 4603.5 — Appraisal requirements for super conforming Mortgages

Effective 2026-02-04 · Freddie Mac's stamp for this section

The Seller must obtain an appraisal that meets Freddie Mac requirements unless the Last Feedback Certificate includes an automated collateral evaluation (ACE) offer stating that the Mortgage is eligible for collateral representation and warranty relief with ACE or ACE+ PDR and the Seller has accepted the offer. Refer to Section 5602.3 for more information on ACE or Section 5602.4 for information on ACE+ PDR.

Source: Freddie Mac Single-Family Seller/Servicer Guide 4603.5 — Appraisal requirements for super conforming Mortgages · source URL · snapshot 4c94f67729042dd6

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Source of record: https://claudeforcompliance.com/regs/fhlmc-4603-5/ · register fhlmc-4603-5 · Claude for Compliance. Free to read and download; see regulatory updates and methodology.