MBREA - The Association for Valuation Professionals

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MBREA - The Association for Valuation Professionals MBREA has proudly served real estate valuation professionals since 1934. They are proud of the quality of work they perform.

The association promotes professional development through education and networking and our active public policy initiatives serve to foster a strong and vibrant appraisal profession. Our members embrace nationally recognized Uniform Standards of Professional Appraisal Practice. We encourage you to search here to find a member of MBREA for your next appraisal assignment.

Congratulations to Jacob C Ross who was awarded the MBREA's RA Designation. Pictured here, on a sandy Cape Cod beach, is...
10/22/2026

Congratulations to Jacob C Ross who was awarded the MBREA's RA Designation. Pictured here, on a sandy Cape Cod beach, is Nicholas Bono, SRA, RA, (left) presenting Jake with his designation certificate.

09/30/2026

UAD 3.6: November 2 Mandate Remains -- Exceptions Are Lender-Specific

Fannie Mae and Freddie Mac today announced a temporary policy exception for Sellers that need additional time to implement UAD 3.6. This is not a blanket extension. The November 2, 2026, mandate remains in place.

The exception is available to individual approved Sellers -- the lenders or other institutions that sell loans directly to Fannie Mae or Freddie Mac. A Seller must request and obtain an exception from each GSE to which it sells loans and commit to an implementation plan. A Seller that has not transitioned by November 2 and has not obtained an exception will not comply with the applicable GSE requirements.

What does this mean for appraisers?

• Continue preparing for UAD 3.6. An exception granted to one lender does not change another lender’s requirements or provide appraisers with a general extension.

• Confirm the required format with your lender or AMC client for each assignment. You may receive UAD 3.6 assignments from some clients while others continue ordering UAD 2.6 reports under an approved exception.

• Lenders that do not sell directly to the GSEs must coordinate with their investors. They do not request their own GSE exception, but must align with the requirements of the institutions purchasing their loans.

For Sellers with an approved exception, new UAD 2.6 reports may be submitted to UCDP through May 19, 2027, with reduced collateral review functionality beginning March 1. Beginning on May 20, all initial submissions must use UAD 3.6. Previously submitted UAD 2.6 reports may be resubmitted through June 27; UAD 2.6 retires June 28.

The GSEs describe this as a one-time exception that will not be extended and encourage adoption as soon as possible. Appraisers should continue training and preparing their software and workflows while confirming each client’s transition schedule.

Based on the September 30 joint announcement.

Get together with your appraiser colleagues at an after hours event in Westborough on July 21st. It's free to attend -- ...
07/16/2026

Get together with your appraiser colleagues at an after hours event in Westborough on July 21st. It's free to attend -- let us know you plan to be there...https://bit.ly/4pE7OYV

MBREA hosted an after-hours drop in at Tree House Brewing in Sandwich when about 20 appraisers got together to enjoy the...
04/30/2026

MBREA hosted an after-hours drop in at Tree House Brewing in Sandwich when about 20 appraisers got together to enjoy the brews, pizza, and to network. It was a fun time of reconnecting with old friends and making new ones.

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185 Devonshire Street, Suite 601
Boston, MA
02110

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+16178304530

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