Freddie Mac Adds AppraisalWorks Platform as Verified Software Partner

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Freddie Mac has verified AppraisalWorks’ flagship AppraisalWorks appraisal management platform and added it to the company’s list of software partners.

Real estate lenders who leverage the AppraisalWorks appraisal management platform for Freddie Mac’s new ACE+ PDR (automated collateral evaluation plus property data report) offering, benefit from the appraisal modernization that can result in quicker turn times, mitigation of risk, reduced cost and the advantage of a robust panel, ready at your fingertips to fulfill orders.

“AppraisalWorks supports all aspects of appraisal modernization – from the new ACE+ PDR offering to Desktop and Hybrid appraisals in addition to traditional appraisal products, evaluations, and valuation solutions including Automated Valuation Models (AVM),” says Ben Wiant, vice president of AppraisalWorks.

The benefits of using the AppraisalWorks platform include real-time communications, on-demand access to appraisal information and complete transparency throughout the appraisal process.

“With AppraisalWorks, lenders will find the right valuation product for their specific need each time and a diversity of available vendor options to choose from, or, if a lender prefers not to manage their vendor panel, there is the option to utilize one or more of the growing number of appraisal management and inspection services companies available on the AppraisalWorks platform,” adds Wiant.

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