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Uniform Appraisal Dataset

Updated May 22, 2018

GSEs Will Update Appraisal Dataset and Forms

Freddie Mac and Fannie Mae (the GSEs) have launched an initiative to update the Uniform Appraisal Dataset (UAD) and uniform appraisal reporting forms. The UAD and Forms Redesign initiative will leverage extensive stakeholder input to update the appraisal dataset, align it with the industry-standard MISMO® Reference Model Version 3.X, and overhaul the uniform appraisal forms to establish a more flexible, dynamic structure for appraisal reporting. This work is designed to provide greater clarity to lenders, borrowers, and investors; simplify appraisal reporting and reviewing; and build a foundation for appraisal modernization.

The GSEs are working together, at the direction of the Federal Housing Finance Agency (FHFA) to assess and, as appropriate, begin implementation of strategies to redesign the UAD. Under the auspices of the Uniform Mortgage Data Program (UMDP), the initiative will focus on modernization of the current UAD dataset and residential appraisal forms. The initial stages of the multi-year initiative will explore options and make recommendations regarding changes to the UAD and appraisal forms that will support emerging technologies and data updates.

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As part of the Uniform Mortgage Data Program®, (UMDP®) Freddie Mac and Fannie Mae have worked together at the direction of their regulator, the Federal Housing Finance Agency, to develop the Uniform Appraisal Dataset (UAD) and the Uniform Collateral Data Portal® (UCDP®) in an effort to enhance appraisal data quality and consistency and promote the collection of electronic appraisal data.

The UAD defines all fields required for an appraisal submission for specific appraisal forms and standardizes definitions and responses for a key subset of fields.

The appraisal report forms below must be completed in compliance with the UAD for conventional mortgage loans sold to Freddie Mac. These forms are collectively referred to as the "four UAD forms."

  • Uniform Residential Appraisal Report (Freddie Mac Form 70)
  • Individual Condominium Unit Appraisal Report (Freddie Mac Form 465)
  • Exterior-Only Inspection Individual Condominium Unit Appraisal Report (Freddie Mac Form 466)
  • Exterior-Only Inspection Residential Appraisal Report (Freddie Mac Form 2055)

Business Resources

The following resources are available to help anyone in a lender organization who is responsible for reviewing appraisal reports within the underwriting, property valuation, or quality control processes, assess the impact of the UAD requirements on these processes:

Training Resources

Additional Resources

Technical Resources

The UAD Technical Specification leverages the Mortgage Industry Standards Maintenance Organization's (MISMO®) Property Valuation Response Version 2.6 Schema Errata 1. The GSEs have added proprietary extensions. The following UAD Technical Specification resources provide the actionable technical documentation needed to translate the data entered on the appraisal form into the format required for submission via the UCDP.

  • Uniform Appraisal Dataset Technical Specification Introduction provides an overview and framework for development of the required appraisal XML file format.
  • Appendix A and Appendix B– GSE Appraisal Forms Mapping illustrates how the appraisal data is supported within the corresponding appraisal XML file by providing field-level data mapping instructions for the four UAD appraisal forms.
    • Appendix A – Is a PDF version and is the true and preserved source of the UAD. Technology systems must support all of the data points defined in Appendix A . – Updated as of November 5, 2013
    • Appendix B – Is a Microsoft Excel version and provides industry participants with a flexible format for viewing and sorting the appraisal data in a spreadsheet. – Updated as of November 5, 2013
  • Appendix CAppraisal Forms with Numbered Fields provides a standardized appraisal form template containing the field label and corresponding form reference number for the four UAD appraisal forms.
  • Appendix DField-Specific Standardization Requirements provides a list of standardized definitions and responses for a key subset of fields on the four UAD appraisal forms. – Updated as of December 2, 2013
  • Appendix FProperty Information Valuation Response v2.6 GSE Extension Schema Errata1 provides the GSE XML schema and is best viewed in XML Editor Software.
  • UAD Compliance Rules – The rules support the UAD Compliance Check in UCDP, specifically those UAD data points that are “Required” or “Conditionally Required” for submission per the UAD Specification. Please note the rules may be edited from time to time without prior or proactive notification.

Additional Resources

Announcements

Single-Family News Center Articles

  • May 22, 2018 – GSEs Will Update Appraisal Dataset and Forms
  • May 6, 2014 – May 2014 UCDP Notification and UAD Update
  • February 11, 2014 – February 2014 UCDP Notification and UAD Update
  • November 5, 2013 – November 2013 Uniform Collateral Data Portal Release Notification and Uniform Appraisal Dataset Update
  • August 27, 2013 – August 2013 Uniform Collateral Data Portal Release Notification and Uniform Appraisal Dataset Update
  • April 16, 2013 – April 2013 Uniform Collateral Data Portal Release Notification and Uniform Appraisal Dataset Update
  • January 29, 2013 – New UAD Update and UCDP Release Notification
  • June 19, 2012 – Updated UAD Resources Available and UCDP July 1 Update Reminder
  • April 10, 2012 – Uniform Appraisal Dataset Update

Single-Family Updates E-mails

  • May 22, 2018 – GSEs Will Update Appraisal Dataset and Forms
  • May 6, 2014 – May 2014 UCDP Notification and UAD Update
  • February 11, 2014 – February 2014 UCDP Notification and UAD Update
  • November 5, 2013 – November 2013 Uniform Collateral Data Portal Release Notification and Uniform Appraisal Dataset Update
  • August 27, 2013 – August 2013 Uniform Collateral Data Portal Release Notification and Uniform Appraisal Dataset Update
  • April 16, 2013 – April 2013 Uniform Collateral Data Portal Release Notification and Uniform Appraisal Dataset Update
  • January 29, 2013 – New UAD Update and UCDP Release Notification
  • September 18, 2012 – New UAD Resource Available and Upcoming UCDP Release
  • June 19, 2012 – Updated UAD Resources Available and UCDP July 1 Update Reminder
  • April 10, 2012 – Uniform Appraisal Dataset Update

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