Freddie Mac Single-Family Seller/Servicer Guide 5605.1 — Appraisal report requirements and appraiser responsibilities
Freddie Mac Single-Family Seller/Servicer Guide section 5605.1 — Appraisal report requirements and appraiser responsibilities. Full verbatim section text, substring-verified against snapshot 5869ee9e606cd4ae.
Verbatim regulatory text
Verbatim provisions from Freddie Mac Single-Family Seller/Servicer Guide 5605.1 — Appraisal report requirements and appraiser responsibilities — 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 5605.1 — Appraisal report requirements and appraiser responsibilities
This section contains: ■ Appraisal report requirements ■ Appraiser responsibilities (a) Appraisal report requirements The appraisal report must meet Freddie Mac’s requirements for property valuation, appraisal reporting, and quality. The Seller must ensure the appraiser’s compliance with the Uniform Standards of Professional Appraisal Practice. See Section 5604.1 for information on appraisal report forms. (b) Appraiser responsibilities The description of the Mortgaged Premises must be complete and accurate, and the opinion of market value of the subject property must be credible and adequately supported. The appraiser must have knowledge and experience appraising in the Market Area in which the subject property is located. An appraisal assignment may be particularly challenging, and the appraiser’s knowledge and experience even more important, when the property is in an area with various property types and land uses (e.g., rural areas).
Operationalizing Freddie Mac Single-Family Seller/Servicer Guide 5605.1 — Appraisal report requirements and appraiser responsibilities
This is verbatim, source-snapshotted regulator text from the Claude for Compliance open corpus. To turn a rule like this into compliance work product: gap-analyze your policies and procedures (P&Ps) against these requirements to surface stale, conflicting, or missing provisions; operationalize any change with a ready-to-run update kit; and produce audit-ready evidence — every step grounded only in the regulator’s own words, never invented.
To work from the whole rulebook rather than this one page: download the corpus — every register on this site, verbatim, each with its source snapshot and effective date — then follow the methodology. It asks your assistant to answer only from the downloaded text, cite the register id and effective date it used, and tell you when the corpus does not cover something instead of filling the gap from memory. Running it locally also means no one sees which regulations you are looking at.
Source of record: https://claudeforcompliance.com/regs/fhlmc-5605-1/
· register fhlmc-5605-1 · Claude for Compliance. Free to read and download;
see regulatory updates and methodology.