In the November 5, 2013 Uniform Collateral Data Portal Release Notification and Uniform Appraisal Dataset Update the GSEs unveiled their plans to convert several compliance warnings to fatal UAD edits. The second phase of this transition will be implemented this Sunday, January 26th with the following data fields converting to fatal UAD edits:
- Quality of Construction Rating (subject and comparables)
- Location Rating (subject and comparables)
- View Rating (subject and comparables)
- Condition Rating (subject and comparables)
To maintain UAD compliance, run WebUpdate. To verify compliance, select ReviewMaster from the ACI Report™ toolbar and choose the UAD Validation rules. These updated rules are available for all ACI software products.
You must have a current support contract to download software updates. If your support subscription has lapsed, visit the My Account page or call Sales at 800-234-8727.