{"id":11954,"date":"2025-05-08T15:40:11","date_gmt":"2025-05-08T19:40:11","guid":{"rendered":"https:\/\/classvaluatdev.wpenginepowered.com\/?post_type=content_hub&p=11843"},"modified":"2025-06-04T16:49:09","modified_gmt":"2025-06-04T20:49:09","slug":"preparing-for-uad-3-6-what-lenders-need-to-know","status":"publish","type":"post","link":"https:\/\/www.classvaluation.com\/blog\/preparing-for-uad-3-6-what-lenders-need-to-know\/","title":{"rendered":"Preparing for UAD 3.6: What Lenders Need to Know"},"content":{"rendered":"

The appraisal industry is undergoing its most significant transformation in over a decade with the implementation of the Uniform Appraisal Dataset (UAD) 3.6 standard. At Class Valuation, we're not just preparing for this change \u2014 we're leading the way to ensure a seamless transition for our clients.<\/span>\u00a0<\/span><\/p>\n

What is UAD 3.6?<\/span>\u00a0<\/span><\/h2>\n

UAD 3.6 represents a comprehensive update to the dataset behind appraisal reports submitted to Fannie Mae\u00ae and Freddie Mac\u00ae (the GSEs). This industry-wide initiative will modernize the appraisal process by replacing all existing GSE appraisal forms with a single flexible and dynamic report, according to the <\/span>Lender Readiness Kit<\/span><\/a> published by the GSEs in June 2024.<\/span>\u00a0<\/span><\/p>\n

The days of form numbers like 1004\/70, 1073\/465 and 2055 are coming to an end. Instead, appraisals will be driven by specific property characteristics and data points that better reflect the unique attributes of each property.<\/span>\u00a0<\/span><\/p>\n

Key Changes and Benefits<\/span>\u00a0<\/span><\/h2>\n

Moving Beyond Form Numbers<\/span>\u00a0<\/span><\/h3>\n

Rather than selecting a specific form number when ordering an appraisal, lenders will provide property and loan type characteristics such as:<\/span>\u00a0<\/span><\/p>\n