HUD FHA UAD Implementation Pushed Back to January 1
HUD Mortgagee Letter 2011-30 delays HUD FHA’s requirement for implementing the Uniform Appraisal Dataset (UAD) until January 1, 2012. ASSISTANT SECRETARY FOR HOUSING- FEDERAL HOUSING COMMISSIONER AUGUST 22, 2011 MORTGAGEE LETTER 2011-30 To ALL APPROVED MORTGAGEES ALL FHA ROSTER APPRAISERS Subject: The Uniform Appraisal Dataset (UAD) and appraisal reporting forms Purpose of this Mortgagee Letter: The Federal Housing Administration (FHA) will adopt the Uniform Appraisal Dataset (UAD) and two of the UAD compliant appraisal reporting forms, which further define specific data fields in these industry standard appraisal reporting forms. Effective Date: To allow Mortgagees sufficient time to make any necessary data...
