Collateral Underwriter Version 3.2 Release Notes
April 11, 2016
During the weekend of May 21, 2016, Fannie Mae will implement Collateral Underwriter® (CU™)
Version 3.2, which will include these updates:
 CU Appraisal-Sharing Functionality
 User Interface Enhancements
 CU Help Center Phone Number Update
CU Appraisal-Sharing Functionality
The Uniform Collateral Data Portal® (UCDP®) recently added new appraisal-sharing functionality that enables
correspondent lenders to easily share appraisal information with their aggregators. CU Version 3.2 will
leverage the UCDP solution to provide aggregators access to their correspondents’ appraisal results in the CU
web application, providing aggregators greater certainty in their correspondent loan pipeline.
CU Appraisal-Sharing Details
 When a correspondent shares an appraisal in UCDP, the designated aggregator will be able to view
the appraisal throughout the CU web application with the CU Version 3.2 release.
 Aggregators will be able to view all appraisals that were shared with them in UCDP beginning the
weekend of May 21, regardless of whether the appraisals were shared before or after the weekend
of May 21.
 All resubmissions of shared appraisals under the same DocFile ID will be viewable by the
aggregator (the correspondent will not need to share again in UCDP).
CU Appraisal-Sharing User Interface Enhancements
New fields will be added to the CU web application to allow aggregators to easily identify and search for their
correspondent-shared appraisals:
 Workflow Search – Additional search options will be added to the Workflow Search function:
• Submitted/Shared radio button: ‘Submitted’ will display appraisals submitted to UCDP by the lender’s
own organization. ‘Shared’ will display appraisals shared by correspondents. The default selection will be
‘Submitted’.
• ‘Designated Date’ will filter shared appraisals by the date the correspondent first shared the appraisal.
 Search Results – The Search Results screen will be updated to add two new columns:
• The ‘Lender’ field will display the organization that submitted the appraisal to UCDP (five characters for
approved sellers or the five digit non-seller number for non-sellers).
• The ‘Des Date’ field will display the date the correspondent first shared the appraisal with the aggregator
in UCDP (this date will be blank for lenders’ own appraisals.)
 Appraisal Summary Bar – Two new fields will be added to the appraisal summary bar (top bar
when viewing appraisal results):
© 2016 Fannie Mae. Trademarks of Fannie Mae.
April 11, 2016
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• The ‘Lender’ column will display the organization that submitted the appraisal to UCDP.
• The ‘Des Date’ column will display the date the correspondent first shared the appraisal with the
aggregator in UCDP.
 Subject Appraisal Tab – The Subject Appraisal tab will be updated to add two new columns:
• The ‘Lender’ column will display the organization that submitted the appraisal to UCDP.
• The ‘Des Date’ column will display the date the correspondent first shared the appraisal with the
aggregator in UCDP.
 Comments Tab – The aggregator will be able to view comments entered by the correspondent in
the Comments tab.
 Characteristic History Window and Property Records – For observations from shared
appraisals, the Characteristic History window and the Property Records tab (where users can view
a full history of property attributes) will display the organization ID that submitted the appraisal to
UCDP.
Appraisal-Sharing Setup
Aggregators and correspondents can complete the UCDP appraisal sharing setup process now and begin
sharing appraisals in UCDP immediately. This will enable aggregators to view shared appraisals in CU starting
the weekend of May 21.
AGGREGATORS
 Complete the one-time setup process in UCDP to establish an aggregator ID for correspondents to
use when sharing appraisals. Review the UCDP Appraisal Sharing for Aggregators job aid for
details.
 Provide your aggregator ID to your correspondents, encourage them to share appraisals in UCDP
and to review appraisals in the CU web application.
CORRESPONDENTS
 Complete the one-time setup process in UCDP to select a list of aggregators with whom you will
share appraisals. Review the UCDP Appraisal Sharing for Correspondents job aid for details.
 Register for access to CU (if not already registered). Review the CU Non-Seller Implementation
Guide.
 Begin sharing appraisals with your aggregators.
User Interface Enhancements
 The Adjustment Analysis screen will be updated to:
• Display only the number of garage spaces (driveway spaces will not be included) in the ‘Garage/Carport’
field.
• Display the model-adjusted value in the ‘Adjusted Sale Price of Comp’ field for each comparable sale.
 The Google StreetView functionality, when using Internet Explorer 11, will be updated to add a gray
‘X’ button for returning to the map view.
© 2016 Fannie Mae. Trademarks of Fannie Mae.
April 11, 2016
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CU Help Center Phone Number Update
Fannie Mae has replaced multiple help center phone numbers with one new number: 1-800-2FANNIE (1-800232-6643). The Help Menu in the CU web application will be updated with the new contact number for
customer support.
You can start using 1-800-2FANNIE now and be directed to the assistance you need. During the transition
period, calls to previous numbers will be redirected. Click here for a guide to the new menu selections on 1800-2FANNIE and the list of numbers being retired.
For More Information
For more information about these Release Notes, lenders may contact their Fannie Mae customer account
team. Additional information about these changes and general functionality will be available in the updated
Collateral Underwriter User Guide after the CU Version 3.2 release.
© 2016 Fannie Mae. Trademarks of Fannie Mae.
April 11, 2016
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