Loan impact
From the letter text · needs reviewApplies to: Appraisal reports submitted to Fannie Mae through UCDP by all Sellers, with lenders holding an approved temporary policy exception permitted to submit UAD 2.6 reports until UAD 2.6 support ends.
Scope differs by change; see each change below.
- Addressed to
- All Fannie Mae Single -Family Sellers
- Investor
- Fannie MaeFrom the publisher, not quoted from the text
- Programs
- ConventionalFrom the publisher, not quoted from the text
- Affected area
- Report format
- Affected documents
- Appraisal report (UAD 2.6 / UAD 3.6)
- Exceptions
- Lenders that implement UAD 3.6 by Nov. 2, 2026 need take no action
- Effective
- UCDP appraisal submissions on or after Nov 2, 2026
- Applicability confidence
- Needs review: some rows could not be matched to a quote from the source
Supporting quotes from the letter
- exceptions“Lenders that successfully implement the UAD 3.6 Policy Supplement by Nov. 2, 2026, do not need to take any action as a result of this Lender Letter.”
- affected areas“Appraisal reports submitted to Fannie Mae must use UAD 3.6.”
- affected documents“Appraisal reports submitted to Fannie Mae must use UAD 3.6.”
What changed
From the letter text · Section A2-2-06| Requirement | Previously | Now |
|---|---|---|
| Request for UAD 3.6 temporary policy exceptionNewRequired | New requirement | Lenders unable to meet UAD 3.6 by Nov. 2, 2026 must request an exception to keep submitting UAD 2.6 |
| UAD 2.6 reports no longer acceptedTightenedRequired | Not stated | From June 28, 2027 UAD 2.6 appraisal reports are not accepted and support is retired |
| Temporary exception to submit UAD 2.6 reportsRelaxed | Not stated | Lenders with an approved exception may submit UAD 2.6 and 3.6 reports through UCDP from Nov. 2, 2026 through May 19, 2027 |
| Applies when: Exception approved | ||
| Reduced Functionality Period for UAD 2.6 reportsTightenedRequired | Not stated | From March 1, 2027 UAD 2.6 reports get CU score 999 and loans are ineligible for appraisal rep and warrant enforcement relief |
| Applies when: Uad version is 2_6 · Exception approved | ||
| UAD 3.6 required after exception endsTightenedRequired | Not stated | From May 20, 2027 appraisal reports must use UAD 3.6; UAD 2.6 only for resubmissions, new UAD 2.6 submissions get fatal edits Does not apply to: Resubmissions of previously submitted UAD 2.6 reports accepted May 20 through June 27, 2027. |
What to do
AWACS interpretation · not source languageWhat to review: First, decide whether the lender will meet UAD 3.6 by Nov. 2, 2026; if not, request the temporary exception, which lets an approved lender keep submitting UAD 2.6 and 3.6 reports through May 19, 2027. Then plan for reduced functionality starting March 1, 2027, the UAD 3.6 requirement starting May 20, 2027, and the end of UAD 2.6 acceptance on June 28, 2027, keeping in mind that lenders are encouraged, but not required, to move to UAD 3.6 before March 1, 2027.
If the lender cannot meet the UAD 3.6 Policy Supplement requirements by Nov. 2, 2026, request the temporary policy exception from Fannie Mae so it can keep submitting UAD 2.6 appraisal reports.
For loans with a UAD 2.6 appraisal report submitted under the exception from March 1, 2027, expect a CU score of 999 and treat the loan as not eligible for enforcement relief on appraisal and property value representations and warranties.
Starting March 1, 2027, treat loans delivered with a UAD 2.6 appraisal report as not eligible for enforcement relief on representations and warranties about the appraisal and the subject property's value under Selling Guide A2-2-06.
Make sure appraisal reports submitted to Fannie Mae use UAD 3.6 from May 20, 2027, allowing UAD 2.6 only for resubmissions of previously submitted reports through June 27, 2027, and stop all UAD 2.6 submissions from June 28, 2027, when that format is no longer accepted.
QC implications
- Check that every UAD 2.6 appraisal submitted from Nov. 2, 2026 through May 19, 2027 came from a lender that holds an approved temporary policy exception.
- Sample loans delivered with UAD 2.6 appraisals from March 1, 2027 to confirm they are not being treated as eligible for appraisal and property value representation and warranty enforcement relief.
- Test that new appraisal submissions from May 20, 2027 use UAD 3.6, and that any UAD 2.6 submission from May 20 through June 27, 2027 is a resubmission of a previously submitted report.
- Confirm that no UAD 2.6 appraisal reports are submitted from June 28, 2027.
Source and record
Version 2 · archivedChecks
Source verified: Passed
The document ID, link and publication date match the official source.
Quotes match the source: Passed
Every quoted passage appears word for word in the official document.
Requirements backed by the source: Passed, adjusted automatically
Anything marked required is backed by the requirement language and dates in the source.
- An independent check could not confirm which loans a change applies to; those conditions were removed
In scope: Passed
The document is about residential mortgage lending.
Format and labels: Passed, adjusted automatically
The record follows the AWACS format and uses its standard labels.
- A detail the source does not support was removed or adjusted
Source
- Lender Letter LL-2026-08 (official) ↗ (opens in a new tab)
- Archived copy, SHA-256 bda37ce1adf3…
- Report an error · How versions work
Version history
- Version 2 (current)Recorded
- Version 1Recorded