Aivre, the Troy, Michigan-based real estate appraisal software company, announced it has completed the industry’s first Uniform Appraisal Dataset (UAD) 3.6 verification process with Fannie Mae and Freddie Mac for compliance with the new data standards.
“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.”
According to the company, its artificial intelligence-driven platform is designed to streamline workflows, with the goal of reducing appraisal report completion times by up to 82% and decreasing revisions by 29%.The platform features property scanning, document translation, and neighborhood insights, along with coverage of multiple listing services and AI-powered image recognition.
“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.”
“The collaboration with Aivre demonstrates our continued focus on digital tools that improve speed and efficiency while facilitating more reliable risk analysis and helping drive lenders’ data-driven underwriting decisions,” said Daniel Miller, senior director of strategic technology relationships at Freddie Mac. “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.”
