Class Valuation verified for UPDR
Analysis based on 7 articles · First reported Jul 09, 2026 · Last updated Jul 09, 2026
This event has minimal direct market impact as it is a routine compliance verification for a private company. However, it supports the broader industry shift toward standardized property data, which may improve efficiency in mortgage underwriting over time.
Class Valuation, a leading appraisal management company, has been verified by Fannie Mae and United States — Freddie Mac to support the Uniform Property Data Report (UPDR) specification under Uniform Property Dataset Version 1.0. The UPDR is a standardized report template introduced as part of the Uniform Mortgage Data Program to bring greater efficiency and consistency to the underwriting and review process. Use of the UPDR is mandatory for mortgages with applications received on or after June 30, 2026. Class Valuation has provided property data collection services for over 16 years, and this verification positions its clients for a smooth transition to the new standard. Chris Flynn, COO of Class Valuation, emphasized the company's commitment to staying ahead of industry modernization.
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