Fannie Mae's National Underwriting Center (NUC) relaxes requirement to submit appraisal reports in AI Ready format
Fannie Mae's National Underwriting Center (NUC) has discovered limitations in delivering the "level of documentation that the NUC requires":
"Dear Valued Fannie Mae Appraiser,
You are receiving this notice because you have in the past, or are currently completing appraisal work for the National Underwriting Center (NUC) at Fannie Mae.
Since relocating our appraisal ordering process to AppraisalPort in April, we have discovered limitations within various appraisal software providers using the AI Ready format when trying to send the level of documentation that the NUC requires. As a result of these limitations, the NUC is relaxing the requirement to submit the completed orders in AI Ready format.
Starting immediately, you may send the completed reports as either a PDF or an AI Ready document to NUC.
This notice pertains to those appraisers who are completing work for the NUC. IMPORTANT NOTE: The NPDC/REO Department requires all reports to be delivered in the AI Ready format.
Fannie Mae, Dallas, TX"
As stated above, The NPDC/REO Department requires all reports to be delivered in the AI Ready format.
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