Redesigned Appraisal Report & New Data Guidelines

The Uniform Residential Appraisal Report (URAR), required by Fannie Mae & Freddie Mac as part of their loan underwriting guidelines, has received a much-needed overhaul, utilizing the Uniform Appraisal Dataset (UAD) 3.6. The last major update to the Appraisal Report/UAD was about 15 years [...]