Uniform appraisal dataset (uad) and forms redesign initiative faqs
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Uniform residential appraisal report fannie mae 1004/freddie mac form 70 ... [new] will the new uad and urar work for hybrid appraisal reports or ...
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© 2021 Fannie Mae and Freddie Mac. Trademarks of respective owners. August 2021 1 of 6 This communication relates to the Uniform Mortgage Data Program®, an effort undertaken jointly by Fannie Mae and Freddie Mac at the direction of the Federal Housing Finance Agency. Uniform Appraisal Dataset (UAD) and Forms Redesign Initiative FAQs August 2021 The following provides answers to questions frequently asked about Fannie Mae and Freddie Mac’s joint efforts to update the Uniform Appraisal Dataset (UAD). General Q1. What is the UAD and why is it important? The UAD is a standardized industry dataset for appraisal information that is communicated electronically through the Uniform Collateral Data Portal® (UCDP®). At the direction of the Federal Housing Finance Agency (FHFA), Fannie Mae and Freddie Mac (GSEs) jointly developed the first UAD in 2010 using the Mortgage Industry Standards Maintenance Organization (MISMO®) Reference Model 2.6, providing consistent data standards for the loans the G...
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