Effective delay announced for appraisal reporting transition

On September 30, 2026, Fannie Mae and Freddie Mac (the GSEs) announced an effective delay to the November 2 mandate to require appraisals in the Uniform Appraisal Dataset 3.6 reporting. Lenders who are not ready to make the transition by November 2 may apply for a policy exception, allowing them to submit legacy appraisals until May 19, 2027. However, after February 28, loans secured by legacy appraisal reports will not be eligible for collateral representation and warranty (R&W) relief for value.

NAR recognizes its appraiser members and congratulates the work they have and continue to do to accommodate the transition.