What documentation is required when using HVE point value estimates for the Relief Refinance Mortgages – Same Servicer?
You must retain a copy of the HVE point value estimate in the Relief Refinance Mortgage – Same Servicer file. If you receive HVE point value estimates for a group of mortgages in one report, you must make a copy of the applicable point value estimate, Forecast Standard Deviation, Confidence Score, and date of the estimate for each mortgage and retain it in the appropriate mortgage file.
Related Questions
- If the HVE point value estimate does not support the value needed for the Relief Refinance Mortgage – Same Servicer, may I obtain a new appraisal or use the appraisal from the existing mortgage?
- What documentation is required when using HVE point value estimates for the Relief Refinance Mortgages – Same Servicer?
- Can you use HVE point values for Freddie Mac Relief Refinance MortgagesSM – Same Servicer?
