The appraisal process is undergoing its most significant transformation in decades. In this MBA Newslink article, Ashlee Randall, SVP at Class Valuation, explains why the new Uniform Appraisal Dataset (UAD) 3.6 standard marks a pivotal shift for the mortgage industry.
Set to begin rolling out in September 2025, UAD 3.6 will replace outdated GSE forms like the 1004 with a single, dynamic appraisal report format. The goal? To bring greater clarity, consistency, and structure to appraisal data — paving the way for stronger automation, faster underwriting, and more reliable risk analysis.
Ashlee offers expert insight into what’s changing, key dates to know, and how Class Valuation is helping lenders and appraisers prepare for a smooth transition.