Watch the Session On-Demand

Session Overview

The appraisal industry is undergoing its biggest transformation in over a generation. UAD 3.6 will replace traditional forms like 1004 with a single, dynamic report beginning in September 2025. Is your organization ready for this change? Watch the session with Class Valuation leaders and special guest Ken DeFeo from Fannie Mae, as we break down what’s changing, why it matters, and how Class Valuation is supporting partners in the transition.

This session covers:

• What’s changing with UAD 3.6 — and why
• GSE rollout timeline and key milestones
• What lenders must do to prepare now
• How Class is leading with tech, training, and readiness

Speakers

Ken DeFeo

Ken DeFeo manages the team currently updating the Uniform Appraisal Dataset to better meet the needs of the mortgage industry and provide better clarity around appraisal reporting. Ken has worked in the Mortgage and Real Estate industry for the past 30 years with extensive experience in loan originations fulfillment, quality control and servicing valuations. After starting at BNC Mortgage, a Lehman Brothers Company, in 1995, Ken helped drive technological expansion while maintaining quality. Then Ken moved on to work vendor contracts for JP Morgan Chase, where he also oversaw the startup of a QA department to validate vendor quality and internal audits. At Union Bank, Ken oversaw appraisal operations and was tasked with improving visibility around appraiser quality and the customer experience.

Tim Staudenmaier

As EVP of Product Development, Tim focuses on technology and processes that support the modernization of valuation and collateral risk assessment. Prior to joining Class, Tim served as Fannie Mae’s manager of Collateral Strategy and Innovation, where he helped design and roll out Collateral Underwriter, Fannie Mae Connect collateral reporting, and Appraisal Process Modernization. He has ten years of experience as a residential and commercial fee appraiser and worked six years in appraisal review and collateral underwriting.

Ashlee Randall

Ashlee Randall is the SVP of Product Development and Strategy at Class Valuation, one of the nation's leading appraisal management companies. With over 15 years of experience driving innovation in mortgage operations and valuation technology, Ashlee leads strategic initiatives that modernize the appraisal process and improve outcomes for lenders, borrowers, and appraisers alike. She actively participates in GSE working groups on UAD 3.6 implementation and is a frequent voice on appraisal modernization.