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How will electronic appraisal data delivery be implemented?

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How will electronic appraisal data delivery be implemented?

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The GSEs are developing the Uniform Collateral Data Portal (UCDP), which is a single portal for the electronic submission of appraisal data. Appraisal report forms for all conventional mortgage loans delivered to Freddie Mac or Fannie Mae on or after March 19, 2012, must be submitted to the UCDP if: • The loan application is dated on or after December 1, 2011 and • An appraisal report is required. The appraisal report must be submitted to the UCDP before the delivery of the mortgage loan to Freddie Mac or Fannie Mae and must include all exhibits, addenda, and photographs. Refer to the Freddie Mac Single-Family Seller/Servicer Guide (Guide) Bulletin 2010-31 for a list of forms that are required for UCDP submission.

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