UCDP Release Notification - Appraisal Form 1004D/442 Functionality
October 17, 2017
Effective October 30, 2017, Freddie Mac and Fannie Mae (the GSEs) will support the Appraisal Update and/or Completion Report (Freddie Mac Form 442 / Fannie Mae Form 1004D) in the Uniform Collateral Data Portal® (UCDP®). To deploy this functionality, the UCDP Production environment will be down for 15 hours from Saturday, October 28, 2017 at 12 p.m. EDT to Sunday, October 29, 2017 at 3 a.m. EDT.
Key updates in this release:
- New Appraisal Form 1004D/442. Ability to accept the Appraisal Update and/or Completion Report (Freddie Mac Form 442 / Fannie Mae Form 1004D).
- New Hard Stop 9005. The Form 1004D/442 may only be submitted as Appraisal 2 or 3, not as Appraisal 1. If the form is submitted as Appraisal 1, UCDP will return Hard Stop 9005: Invalid form type for Appraisal 1: 1004D/442 may only be submitted as Appraisal 2 and/or 3.
Review the Appraisal Form 1004D/442 UCDP Release Notification for full details.
This communication relates to the Uniform Mortgage Data Program® an effort undertaken jointly by Freddie Mac and Fannie Mae at the direction of their regulator, the Federal Housing Finance Agency.