Introduction to UAD
Fannie Mae and Freddie Mac recently launched the Uniform Mortgage Data Program (UMDP) initiative, which is intended to standardize data provided by lenders to these two mortgage giants. A key part of this initiative is the Uniform Appraisal Dataset (UAD). For residential mortgage lending appraisers, knowledge of the UAD will be essential to completing appraisals for lenders who sell loans to Fannie Mae and Freddie Mac. This course provides an overview of the UMDP and specific information on the requirements of the UAD.
Click for the UAD Requirements: http://www.freddiemac.com/singlefamily/news/2011/0223_uad.html