Valuation Blog
Uniform Property Data Report (UPDR): What Lenders Need to Know and How SVI Is Ready
Lenders continue to look for ways to improve consistency and efficiency across collateral workflows without introducing unnecessary operational change. The Uniform Property Data Report (UPDR) is intended to support that goal.
At SVI, we view this as an evolution in report delivery, not a change to the technology, analytics and workflows behind valuation decisions. To support the transition, SVI has updated impacted VALIDITY output forms to align with UPDR while preserving the same capabilities clients rely on today.
What Is Changing?
UPDR standardizes how property data is presented. Previously, lenders could receive the same property information, presented in different report formats depending on each technology provider’s design. UPDR standardizes the report structures and formatting, resulting in:
- Greater consistency across collateral workflows
- Simplified review and interpretation
- Reduced variation across delivery processes
- Better support of automation and downstream integrations
For lenders already using property data to support valuation strategies, the move to a standardized report format can simplify adoption and execution.
What This Means for VALIDITY Users
For SVI clients using VALIDITY for appraisal waivers and hybrid appraisals, the transition is designed to be straightforward. Impacted output forms have been updated to support UPDR requirements while preserving the technology, experience and capabilities clients already benefit from today. The resulting report aligns to the new standard with the same trusted VALIDITY experience.
SVI is Ready
UPDR moves the industry from individual provider formatted GSE property data report to a single standardized output. For SVI clients, that does not mean learning a new process or giving up existing capabilities.
If you have questions about the transition, please reach out to your SVI Representative or email SVI-info@stewart.com

