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From Forms to Reports: A Look at the UAD Overhaul

Appraisal Buzz

By now, most appraisers are aware that Fannie Mae and Freddie Mac (GSEs) have embarked on a complete overhaul of the Uniform Appraisal Dataset (UAD). These codes, or language, make sense to appraisers but confuse uninitiated readers of our reports. Really, appraisers have always thought this way.

Appraisal 397
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Like it or not, desktop appraisals are here to stay

Housing Wire

By the end of 2020, FHFA signaled publicly it was considering hybrid appraisals on a permanent basis, following proposals from both Fannie Mae and Freddie Mac. Any loan application flagged as ineligible by Fannie Mae’s automated underwriting system will have to use a traditional appraisal.

Appraisal 370
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Chat GPT For Fannie Form Appraisal Reports

Appraisal Today

Appraisal Business Tips Humor for Appraisers Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! My first appraisal job was updating data records for an assessor’s office, converting to computerized valuation in the mid-1970s. I learned a lot.