NAR_grey_logo-01

UCDP in Full Effect

Just a reminder for those not paying attention at home. The Uniform Collateral Data Portal (UCDP) is now in effect. Here is the announcement from Freddie Mac:

The March 19 UCDP effective date is here. You must submit an appraisal report form to the UCDP and must receive a “Successful” status from UCDP prior to delivery, if an appraisal report is required, for all conventional mortgages with application dates on or after December 1, 2011, and delivered to Freddie Mac on or after March 19, 2012.”

Get more information here.

Comments
  1. Craig Bryan

    Yeah, great info. But!!! it is not for the appraiser to submit the appraisal! It is for the lender/mortgage company to do so, with the appraisal they receive.

ADD YOUR COMMENT