Aivre launches UAD 3.6 compliant appraisal platform
Aivre has launched a new artificial intelligence (AI)-driven appraisal platform, becoming the first in the U.S. to complete the Uniform Appraisal Dataset (UAD) 3.6 verification process with Fannie Mae and Freddie Mac.
UAD 3.6 calls for electronic submission of appraisals to align with the Mortgage Industry Standards Maintenance Organization (MISMO)’s version 3.6 reference model for mortgage industry data, in addition to other reforms that aim to improve information standardization and reporting.
“This is a watershed moment for the appraisal industry,” said Jake Lew, CEO of Aivre. “As UAD 3.6 reshapes the field, appraisers deserve technology that supports their judgment while improving speed and accuracy. We’re proud to have the backing of DGB, whose belief in human-centered innovation mirrors our mission to ensure AI advances — not replaces — human expertise.”
Early testing indicates appraisers can save more than three hours per report and reduce revisions by nearly 30%, all while maintaining oversight necessary to ensure valuations remain accurate and defensible, company leaders said.
“I could not be prouder of the tireless work of Jordan and the entire development team,” Lew added, referring to Jordan Lesson, Aivre’s chief technology officer, who led the platform’s development. “They’ve built a platform that balances AI innovation with regulatory rigor, ensuring appraisers are supported under the new UAD.”
Fannie Mae and Freddie Mac highlighted the platform’s potential to improve transparency and efficiency in residential appraisals.
“We are excited to see solutions like Aivre supporting the new UAD residential appraisal report by fostering data-driven innovation,” said Kenneth DeFeo, senior manager of single-family collateral risk at Fannie Mae. “Verification tools like this augment appraisers’ expertise, helping them produce consistent, transparent, and efficient appraisals.”
Daniel Miller, senior director of strategic technology relationships at Freddie Mac, said the collaboration with Aivre adds to a continued focus on digital tools.
“(Tools) improve speed and efficiency while facilitating more reliable risk analysis and helping drive lenders’ data-driven underwriting decisions,” Miller said. “Aivre’s implementation of the UAD Compliance API within their platform will offer appraisers valuable, early insight into these rules before the appraisal report is completed.”
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