Among the hot topics in the hallways of the ICE Experience is the evolution in data contained in each lien, along with massive appraisal change hitting our biz. I was chatting with Class Valuation’s Mark Walser yesterday about UAD 3.6. (If you’d like a primer on it, and you should, see this write up by Mike Simmons.) On 11/2/26, all appraisals, to be eligible for sale to Fannie and Freddie, must be submitted in UAD (Uniform Appraisal Dataset) 3.6 format. From what Mark said, lenders need to have begun setting up the process and planning in the first quarter of 2026, and spend the 2nd and 3rd quarters testing and transitioning their appraisal volume to it because underwriters will probably require about 10 percent more time per file to analyze the appraisal, and be fully up and running in production by no later than early October to avoid the deadline, and have to redo an appraisal report on an in-flight loan. Ignore it at your own risk. (Today’s podcast can be found here and this week’s ‘casts are sponsored by Ocrolus. Ocrolus is transforming the mortgage industry with AI-powered data and analytics, featuring cutting-edge tools for automated indexing, income analysis, and now automated conditioning. Ocrolus helps mortgage teams move at the speed of automation with the precision of human oversight. Hear an interview with Gershman’s Adam Mason on the leadership lessons and hiring philosophies that shape strong loan officers, and how adaptability, mindset, and innovation influence success in a challenging market.)
