Valuation Modernization

Navigating Appraisal Modernization with Ease

As the Government-Sponsored Enterprises (GSEs) modernize the appraisal process following the direction of the Federal Housing Finance Authority (FHFA), it’s important for our industry to understand and adapt to these new valuation changes.

With Appraisal Modernization, CoreLogic is here to help you prepare for new appraisal methods, including updates to technology, integrations, and datasets, as well as changes in documentation and home value reporting.
Contact us

Modernized Appraisal Ordering Process

These updates bring considerable improvements to productivity, standardization, and compliance, including an enhancement to the overall appraisal process, individual workflows, and data collection.

Complete UAD Coverage for Every Property Type

The GSE-led update of the Uniform Appraisal Datset (UAD) expands the scope of coverage for all property types, including Accessory Dwelling Units (ADUs).

Redesigned to Improve Workflow Productivity

The expanded UAD dataset and the redesign of associated forms enable data standardization, helping simplify appraisal management across the industry.

New Forms Redesign

The GSE’s are moving to a single, dynamic, and data-driven form redesign to eliminate the need for multiple forms and addendums.

This form redesign greatly improves documentation processes, data decisioning, and information management.

Standardization of Data Capture

The GSE-led forms redesign standardizes the way in which data and images are captured in the reporting, making it far easier to review, ensure data compliance, and remove subjectivity from everyday processes.

Expanded Scope of UAD (Uniform Appraisal Dataset)

The expansion of the UAD scope delivers compliance with MISMO 3.6, removing a great deal of previous appraisal subjectivity by providing specific data fields rather than free-hand text fields. The expanded UAD also provides coverage for all property types, delivering improved property valuation and data collection.

Improved Workflow Productivity

In addition to the standardization brought by the expanded UAD and new forms redesign, the modernization of appraisal ordering delivers standardization driving enhanced productivity throughout the appraisal workflow.

Use Cases

Simplified Processes Increasing Productivity

Lenders (and appraisers) usually find themselves doing too much documentation and shuffling through countless appraisal appendices. Moving to a single, dynamic, data-driven form streamlines document management throughout the appraisal ordering process.
Article

Leading Support for Appraisal Modernization

Webinar

Unveiling What Appraisal Modernization Means to Lenders and Integration Partners

Article

Successful Appraisal Modernization Begins With New Technology

Webinar

Valuation Modernization: Impacts to Your Business and Timelines You’ll Need to Know

Standardized Data Improving Accuracy

Appraisal Modernization is standardizing the way appraisers capture and input data and images. This greatly enhances the ability to review and aggregate data, while simultaneously improving compliance and accuracy of property valuation.
Article

Leading Support for Appraisal Modernization

Article

Successful Appraisal Modernization Begins With New Technology

Webinar

The New UAD: A CoreLogic Interview With Ken DeFeo From Fannie Mae

Webinar

Valuation Modernization: Mastering the GSE Appraisal Modernization Initiative

Impact of the updated UAD on Loan Origination System (LOS) integrations

By expanding the Uniform Appraisal Dataset (UAD), the industry is standardizing the way lenders and appraisers can effectively document, review, and report across all property types. This requires LOS providers to prepare their technology platforms for changes in regulatory requirements, including API integrations enabling the transfer of product order details and uploading of appraisal files.
Article

Leading Support for Appraisal Modernization

Webinar

Unveiling What Appraisal Modernization Means to Lenders and Integration Partners

Article

Successful Appraisal Modernization Begins With New Technology

Webinar

Valuation Modernization: Impacts to Your Business and Timelines You’ll Need to Know

Accelerated Workflows Boost Appraisal Management Productivity

Appraisal Management Companies (and appraisers) will undoubtedly benefit from the overall increase in efficiencies that come with the new forms redesign and standardization of data, driving improvements to data accuracy and appraisal review productivity.
Article

Leading Support for Appraisal Modernization

Article

Successful Appraisal Modernization Begins With New Technology

Webinar

The New UAD: A CoreLogic Interview With Ken DeFeo From Fannie Mae

Webinar

Valuation Modernization: Mastering the GSE Appraisal Modernization Initiative

CoreLogic Valuation Workflow Solutions

Better business begins with tech-enabled valuation workflow solutions that boost operational efficiencies, assist with regulatory compliance, and streamline mortgage workflows. That’s why Valuation Workflow Solutions help simplify the appraisal ordering and review process, letting you focus on exceptions rather than everyday repetitive tasks.