ServiceLink formed a partnership with Grid-ML LLC to be the first appraisal management company (AMC) in the industry to offer its new UAD 3.6 interactive reference guide to ServiceLink’s appraiser panel at no extra cost.
The reference guide compiled the government-sponsored enterprises’ (GSEs) UAD 3.6 publications into a single digital guide so users can quickly find guidance on UAD 3.6 standardized terminology, instructions and usage details of the new reporting format without having to sift through multiple documents and spreadsheets.
The guide is fully searchable and presents all GSE guidance directly in the layout of the new Uniform Residential Appraisal Report (URAR), allowing appraisers to quickly and efficiently find field requirements, valid response options and conditional display rules. Its responsive design for access from mobile devices was designed to assist appraisers in the field.
“Providing our appraiser panel access to this powerful guide is our way of giving back and helping them feel better prepared to embark on their own UAD 3.6 journey,” Liz Green, senior vice president of Valuation Solutions at ServiceLink, said in a release. “As our panelists continue down the path from 2.6 to 3.6, this guide will serve as the CliffsNotes for the new report, clearing up any confusion while helping them better understand and fulfill the new URAR quickly and efficiently for our lender partners.”
To date, only a handful of appraisal software providers across the industry are approved by the GSEs to produce the new URAR under version 3.6. For many appraisers, this has meant that they still lack general access to the new reporting capabilities.
“ServiceLink's investment in the UAD 3.6 interactive reference guide reflects their commitment to setting their appraisal panel up for success,” Abe Lira, founder of Grid-ML, said. “Our platform is an essential resource for appraisers to successfully navigate this crucial industry transition.”