August 2013 Uniform Collateral Data Portal Release Notification and Uniform Appraisal Dataset Update
August 27, 2013
Freddie Mac and Fannie Mae (the GSEs) are providing you with the August 2013 Uniform Collateral Data Portal® (UCDP®) Release Notification and Uniform Appraisal Dataset (UAD) Update. This notification announces that the second phase of the conversion of current UAD compliance warning edits to fatal UAD edits in the UCDP will occur in early 2014.
The second phase includes the following data fields for both subject and comparables:
- Quality of Construction Rating
- Location Rating
- View Rating
- Condition Rating
Reminder: The first phase of fatal UAD edits were implemented in the UCDP on June 22, 2013. If an appraisal submitted to the UCDP receives one or more fatal UAD edits, a "Not Successful"; status will be issued. The loan will not be eligible for delivery to either GSE unless an appraisal with the required data in the correct format is resubmitted to ensure a "Successful" status.
Also included in this notification are updates on the following:
- Reminder on Accepted File Formats in UCDP
- UCDP September 21 Release
For additional details refer to the August 2013 UCDP Release Notification and UAD Update.
For more information about the UAD and UCDP, including training and resources, visit:
This communication relates to the Uniform Mortgage Data Program®, an effort undertaken jointly by Fannie Mae and Freddie Mac at the direction of their regulator, the Federal Housing Finance Agency.