Appraiserblogs

JANUARY 31, 2024

Appraisers, to see more about the upcoming new UAD currently in design, read the Updated Timeline link in the message below. Note that in the future “form numbers” won’t be used. As someone who’s potentially interested in ‘training’ appraisers on the new process, it seems to me.

Training 110

Training Appraisal Design Lending 110

Appraiserblogs

MARCH 17, 2022

Here’s the link to the ‘slide show’ the GSE’s have produced showing proposed design of the future, revised, URAR appraisal form. In my initial very quick observation of the proposed changes, there is FAR MORE INFO REQUESTED about the subject and comparable sales than the ‘current’ 2005 URAR form has on it.

Design 129

Design Modernization Appraisal Lending 129

Appraiserblogs

MARCH 25, 2021

What once was a ‘three year’ project to redesign and implement revised appraisal forms has morphed into one taking far longer. Actual implementation and use of ‘new forms’ are not scheduled to happen until (presumably) early in 2024, but could be extended even further.

Modernization 117

Modernization Appraisal Lending Mortgage 117

Appraiserblogs

MARCH 31, 2023

The Appraisal Forms & UAD Redesign Spec has been released and the current forms are being retired. This means that appraisers will no longer be using individual forms for each property type, but instead will have to use a single dataset with output varying based on property characteristics.

Design 137

Design Appraisal Lending Mortgage 137