UMDP
Our software vendor has been working closely with the GSEs and has implemented a direct interface to the portal. All clients that have established a relationship with Valuation Management Group, LLC as a Lender Agent with access to Fannie Mae and/or Freddie Mac Seller/Non-Seller numbers will have all GSE required appraisals uploaded to the portal. When your completed appraisal report/package is emailed, you will now receive an SSR, Submission Summary Report, from the GSEs.This document will provide the date and Doc file ID for your records. This information will also be available on the website in files available for download, as well as notated on the order page. Clients that have not registered with VMG will receive an XML file, in addition to the PDF file, once completed to enable clients to submit on their own.
NOTE: The loan number is a GSE requirement and must be unique, begin with numeric characters and have no more than the maximum of 15 characters; it must be included when ordering. When using this field for other information, please make sure it meets the requirements for UCDP submission. This requirement does not apply if VMG is not submitting on your behalf.
Lender Admins, please be sure you have registered with the GSEs and selected Valuation Management Group as your Lender Agent or we will not be able to submit on your behalf. If you have not registered, we recommend completing the GSE registration process today for either or both GSEs. Registration instructions can be found at eFannieMae.com and FreddieMac.com. All lenders must be registered with seller/non-seller numbers. Correspondent Bank registration can be found by clicking here and the UCDP hotline number is 1 (800)-917-9291.
Appraisal reports received from appraisers for the following UAD/non-UAD report types must be provided in MISMO 2.6 XML format to comply with GSE requirement:
- Uniform Residential Appraisal Report (Fannie Mae Form 1004)
- Manufactured Home Appraisal Report (Fannie Mae Form 1004C)
- Small Residential Income Property Appraisal Report (Fannie Mae Form 1025)
- Individual Condominium Unit Appraisal Report (Fannie Mae Form 1073)
- Exterior-Only Inspection Individual Condominium Unit Appraisal Report (Fannie Mae Form 1075)
- Exterior-Only Inspection Residential Appraisal Report (Fannie Mae Form 2055)
- Individual Cooperative Interest Appraisal Report (Fannie Mae Form 2090)
- Exterior-Only Inspection Individual Cooperative Interest Appraisal Report (Fannie Mae Form 2095)
VMG will continue to monitor these compliance issues and provide updates through this site, emails and monthly e-newsletters. If you have any questions, please do not hesitate to contact us.
Please click here for a list of definitions / standardizations.
Webinar Schedule:
No webinars are currently scheduled. However, recordings from previous webinars are available. Clients, please click here. Appraisers, click here to request one.
For more information including training, timelines and frequently asked questions, visit Fannie Mae or Freddie Mac.
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