The Kinnane Group delivers UAD compliant appraisal reports

The Kinnane Group uses secure order processing and delivery services provided by A La Mode's Mercury Network. Recent upgrades allow for the secure delivery of Uniform Appraisal Dataset (UAD) compliant appraisal reports in dual (PDF and XML) formats for the following categories of residential appraisals:

1. Uniform Residential Appraisal Report (Fannie Mae Form 1004/Freddie Mac Form 70)
2. Individual Condominium Unit Appraisal Report (Fannie Mae Form 1073/Freddie Mac Form 465)
3. Exterior-Only Inspection Individual Condominium Unit Appraisal Report (Fannie Mae Form 1075/Freddie Mac Form 466)
4. Exterior-Only Inspection Residential Appraisal Report (Fannie Mae/Freddie Mac Form 2055)

The Mercury Network software now allows for dual report format delivery of Small Resideintal Income Property Reports (Fannie Mae Form 1025/Freddie Mac Form 72).

To improve the quality and consistency of appraisal data on loans delivered to the government-sponsored enterprises (GSEs), Fannie Mae and Freddie Mac, at the direction of the Federal Housing Finance Agency (FHFA), have developed the Uniform Appraisal Dataset (UAD), which defines all fields required for an appraisal submission for specific appraisal forms and standardizes definitions and responses for a key subset of fields.

The GSEs have developed the Uniform Collateral Data Portal® (UCDP®), which is a single portal for the electronic submission of appraisal data. Lenders are required to use the UCDP to deliver electronic appraisal data that conforms to the UAD before the delivery date of the mortgage loan to Fannie Mae or Freddie Mac. This requirement applies to all conventional mortgage loans for which an appraisal report is required.

http://www.mercuryvmp.com/index.php/appraisal-services/