Wednesday, August 24, 2011

UAD Deadlines


1. September 1, 2011 (appraisal effective date): Appraisals must comply with the UAD data standardization requirements

2. December 1, 2011 (loan application date): Lenders must deliver full UAD-compliant electronic appraisal report data (if appraisal required) and expanded loan delivery data

3. March 19, 2012 (loan delivery date): Lenders must deliver full UAD-compliant electronic appraisal report data (if appraisal required), and loan delivery data must be provided in industry-standard ULDD format (unless manually entered in Loan Delivery)

For more info: https://www.efanniemae.com/sf/lqi/umdp/#backreq

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