Feature Stories, Technology Corner
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Since its implementation, the uniform appraisal dataset (UAD) has impacted everything from appraisal form fields to file type.
“The addition of the UAD has really helped the appraisal space in a couple of different ways,” explained Vladimir Bien-Aime, president of Global DMS. “The introduction of the UAD ensures that certain fields on an appraisal report are filled out using uniform and standardized response codes. This dramatically improves the quality and consistency of appraisal data on loans delivered to the GSEs. The UAD has effectively standardized the way information is provided.”
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