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Freddie Mac-specific feedback messages effective June 30, 2015,
for appraisals submitted to Freddie Mac in the Uniform Collateral
Data Portal (UCDP).
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FRE1001 One of the following: The gross living area for the
subject property ([GLA] sf) varies by more than [X]% and [Y] sf
from public records ([GLA] sf). Please confirm the reported gross
living area for the subject property is accurate and adequately
supported. The gross living area for the subject property ([GLA]
sf) varies by more than [X]% from public records ([GLA] sf). Please
confirm the reported gross living area for the subject property is
accurate and adequately supported.
Sales Comparison GLA Sale Price Adjustment Description
Subject Warning
FRE1014 The age of the subject property ([Actual Age] years)
varies from public records ([Actual Age] years). Please confirm the
reported age of the subject property is accurate and adequately
supported.
Sales Comparison Actual Age Sale Price Adjustment
Description
Subject Warning
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FRE1038 One or more of the following: Appraiser's name matches
borrower name. Please confirm the appraiser has no present or
prospective interest in the subject property. Appraiser's name
matches ownership name in public records. Please confirm the
appraiser has no present or prospective interest in the subject
property. Appraiser's address matches ownership address in public
records. Please confirm the appraiser has no present or prospective
interest in the subject property.
N/A N/A N/A Subject Warning
FRE1039 The condition rating of the subject property is reported
to be [GSE Overall Condition Type]. If this loan is not a Relief
Refinance Mortgage, the property is not eligible for sale to
Freddie Mac.
Sales Comparison Condition GSE Overall Condition Type
Subject Warning
FRE1040 The report is missing a Legal Description. Please
correct and resubmit.
Subject Legal Description
Property Legal Description Text Description
Subject Fatal
FRE1057 Freddie Mac is unable to process this appraisal due to a
missing Appraised Value of the Subject Property. Please correct and
resubmit to receive Freddie Mac results and clear the associated
hard stop.
Reconciliation Final Estimate of Value
Property Appraised Value Amount
Subject Warning
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FRE1058 Freddie Mac is unable to process this appraisal due to a
missing Subject Property Address and Zip Code. Please correct and
resubmit to receive Freddie Mac results and clear the associated
hard stop.
Subject N/A N/A Subject Warning
FRE1059 Freddie Mac is unable to process this appraisal due to a
missing Effective Date of Appraisal. Please correct and resubmit to
receive Freddie Mac results and clear the associated hard stop.
Reconciliation Date of Final Value
Appraisal Effective Date
Subject Warning
FRE1060 The quality rating of the subject property is reported
to be [GSE Quality of Construction Rating Type]. If this loan is
not a Relief Refinance Mortgage, the property is not eligible for
sale to Freddie Mac.
Sales Comparison Quality GSE Quality of Construction Rating
Type
Subject Warning
FRE1064 The gross living area for the subject property ([GLA]
sf) varies by more than [X]% from up to [Y] prior appraisals on the
subject property within the last [Z] months. Please confirm the
reported gross living area for the subject property is accurate and
adequately supported.
Sales Comparison GLA Sale Price Adjustment Description
Subject Warning
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FRE1066 One of the following: There are no prior
sale/transfer(s) of the subject property reported in the appraisal
within [X] years of the effective date ([Appraisal Effective
Date]). However, public records indicate the following
sale/transfer(s): [sale/transfer date] at a price of [sale/transfer
price]. Please confirm prior sale/transfer(s) of the subject
property data is accurate and adequately supported. The following
prior sale/transfer(s) of the subject property have inconsistent
prices: [Public Records: [sale/transfer date] at a price of
[sale/transfer price]; Report: [Date of Prior Sale/Transfer] at a
price of [Price of Prior Sale/Transfer]]. Please confirm prior
sale/transfer(s) of the subject property data is accurate and
adequately supported.
Sales Comparison N/A N/A Subject Warning
FRE1072 The location of the subject property is reported to be
[Property Neighborhood Location Type], but prior appraisals of the
subject indicate the location is [Property Neighborhood Location
Type]. Please confirm the reported location is accurate and
adequately supported.
Neighborhood Location Property Neighborhood Location Type
Subject Warning
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FRE1075 The as-is appraiser's opinion of market value of
[Property Appraised Value Amount] is [X]% above an MLS listing
price of [listing price] found within [Y] days of the appraisal's
effective date. Please confirm the appraiser's opinion of market
value is accurate and adequately supported.
Reconciliation Final Estimate of Value
Property Appraised Value Amount
Subject Warning
FRE1084 One of the following: The report is missing a selection
for Adverse Site Conditions. Please correct and resubmit. It
appears that Adverse Site Conditions exist, but were not described.
Please correct and resubmit.
Forms 1004/2055 = Site Forms 1073/1075 = Project Site
Are there any adverse site conditions or external factors?
N/A Subject Warning
FRE1085 One of the following: The report is missing a selection
for Property Rights Appraised. Please correct and resubmit. It
appears that "other" is selected for Property Rights Appraised, but
a description is missing.
Subject Property Rights Appraised
N/A Subject Warning
FRE1086 The signature date is prior to the Effective Date of the
report. Please correct and resubmit.
N/A N/A N/A Subject Fatal
FRE1087 The appraiser's name is missing. Please correct and
resubmit.
Appraiser's Certification: Appraiser
Appraiser Name
Appraiser Name Subject Fatal
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