UAD 3.6 represents the most sweeping modernization of appraisal data and reporting since 2005 when the “1004 Appraisal Form” was last redesigned. It is intended to improve accuracy, consistency, and digital integration across all aspects of the valuation and mortgage ecosystem.

This session will provide background on UAD changes selecting some KEY FAQ’s issued by the Fannie Mae and Freddie Mac GSE work group. It will touch on all the components every link in the chain – appraisers, appraisal software vendors, AMCs, lenders must be aware of to meet the end goal. Potential changes to supply chain of appraisers will also be explored.

Led by Joseph Palumbo, Chief Operating Officer, Worth Valuation Services, Bill Rudolph, VP Client Services and Valuation.