For many lenders, UAD 3.6 (Uniform Appraisal Dataset) may still feel like something the appraisal world needs to own and lenders only need to monitor, but that sentiment may leave some organizations underprepared. 

UAD 3.6 is not a back-office update. It is a meaningful shift in how appraisal data is structured, delivered and interpreted, and lenders who engage with it early will be better positioned for the transition ahead.

The reality is that this change touches both the appraisal and lending sides of the business. For those who haven’t started preparing, now would be a good time to begin.

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