UAD 3.6 and the New URAR: What Lenders and Appraisers Need to Know
The mortgage industry is in the middle of its most significant appraisal data transition in over a decade. UAD 3.6 — the updated Uniform Appraisal Dataset — and the redesigned Uniform Residential Appraisal Report (URAR) form that accompanies it represent a fundamental change to how residential appraisals are structured, completed, and submitted to Fannie Mae […]
What Is UAD 3.6 and How Does It Affect Mortgage Appraisals?
UAD 3.6 (Uniform Appraisal Dataset version 3.6) is a major update to the standardized data format used for residential mortgage appraisals submitted to Fannie Mae and Freddie Mac. Released by the GSEs (Government-Sponsored Enterprises), UAD 3.6 introduces redesigned appraisal forms, expanded data fields, and more granular property characteristic reporting. The update becomes mandatory for all […]
What to Look for When Choosing an AMC After UAD 3.6: A Guide to Nationwide Appraisal Compliance Services?
With the UAD 3.6 update now active, lenders face a different appraisal environment than they did a year ago. Evaluating your nationwide appraisal compliance services has never been more important. What once felt routine has changed, making now the right time to reexamine appraisal management partnerships and ensure your AMC can meet evolving requirements.