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HVE Results in Loan ProspectorRequest for Change Form

Approved Freddie Mac Seller/Servicers have the option to request that Home Value Explorer® (HVE®) results and other associated HVE messages not be returned in their Loan Prospector® feedback certificate.

Seller/Servicers automatically receive HVE messages on all Loan Prospector transactions, but can opt-out of receiving HVE messages for certain Loan Prospector transactions.

NOTE: You do not need to submit this form or take any other action if you currently receive HVE messages for all applicable Loan Prospector submissions and you do not want to make any changes.

Elements marked * are required.

Your Relationship with Freddie Mac

NOTE: If your organization has multiple Seller/Servicer numbers, you must submit a separate request for each number.

Third-Party Originators (TPOs) do not have the option to choose how and when Loan Prospector HVE messages will be returned.

  • If you are sponsored by a Freddie Mac Seller/Servicer and that Seller/Servicer number appears on your Loan Prospector submission, HVE messages will be returned consistent with the choices made by that Seller/Servicer.
  • If you are not sponsored by a Freddie Mac Seller/Servicer and no Seller/Servicer number appears on your submission to Loan Prospector, you will receive HVE feedback messages only on Relief Refinance MortgageSM – Open Access loan transactions.

Options

If you currently receive HVE messages for all applicable Loan Prospector transactions, and you do not want to make any changes, you do not need to select the Opt-In option.

Even if you request to restrict certain 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.



NOTE: If you have already submitted your choices and want to change which HVE valuation results you are receiving in Loan Prospector, please resubmit this form.


Agreement

By submitting this request form, I certify on behalf of my organization that:

Note: For requests submitted after January 18, 2014, Loan Prospector will be updated within 3 business days from when Freddie Mac receives this form.

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