Important Updates

Public Announcement!!!!!!!

FHA currently not UAD!!!!!

FHA appraisal forms require regular PDF submission!!!!!!!

The Uniform Appraisal Dataset (UAD) and appraisal reporting forms must comply with the new standard beginning September 1st, 2011.  

  • Uniform Residential Appraisal Report (Fannie Mae Form 1004/Freddie Mac Form 70)
  • Individual Condominium Unit Appraisal Report (Fannie Mae Form 1073/Freddie Mac Form 465)
  • Exterior-Only Inspection Individual Condominium Unit Appraisal Report (Fannie Mae Form 1075/Freddie Mac Form 466)
  • Exterior-Only Inspection Residential Appraisal Report (Fannie Mae Form 2055/Freddie Mac Form 2055)

HUD has announced the adoption of UAD in Mortgagee Letter 2011-30.  HUD’s mandatory implementation of UAD will be effective on all case numbers assigned on or after January 1, 2012. 

Posted by Douglas E. Hendricks on September 7th, 2011 2:33 PMPost a Comment (0)

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