About This Webinar
On November 2, 2026, Fannie Mae and Freddie Mac will retire the appraisal forms agents have known for decades, including the 1004 and 1073. In their place: a single, dynamic, data-driven digital report under the new UAD 3.6 standard. It is the biggest change to residential appraisals in over 20 years, and it will change how your deals move from contract to closing.

This is not just an appraiser change. Expect more communication between appraisers and listing agents as appraisers work to fulfill the new reporting requirements.

Join Candy Cooke and Craig Capilla as they interview Lyle Radke of Fannie Mae and get an insider look at this momentous change.

After November 2, appraisals on old forms will be rejected outright. Register now so your fall closings stay on track.

Join us for this interactive webinar to get your questions answered, brought to you for free, thanks to sponsorship from Restb.ai
Agenda
  • What replaces the 1004: A visual tour of the new dynamic report and how it adapts to each property.
  • Why appraisers will call you more: The new comp rationale requirements and what to have ready.
  • New green and safety fields: How solar, fortified roofs, and impact-resistant glass now factor into valuations, and how to market them.
  • How to protect your closing timeline: Pre-vet your listings so missing data or photos never stall an appraisal.
Presenters
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    Candy Cooke
    Candace “Candy” Cooke has been a real estate professional since 1983. She’s a Texas-licensed real estate broker who lists and sells properties in Central Texas and a certified general appraiser with experience valuing residential and commercial properties. Candy has managed and developed residential and commercial real estate and arbitrated tax protest cases. She contracted for several years with the State of Texas in assessing appraisal districts to determine school district funding.

    Candy was in the first class of NAR’s Masters of Real Estate (MRE) program and is a strong believer in professional education. She’s now a prolific and enthusiastic educator who shares her knowledge and passion with both agents and appraisers in many forums, including at conferences, live-virtual classrooms, and her wildly popular Cooke’d Real Estate Facebook community group.
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    Craig Capilla
    Attorney
    Craig Capilla is a trial lawyer with Franklin, Greenswag, Channon & Capilla, LLC, concentrating his practice in a wide range of civil litigation, including professional liability and commercial claims. He has successfully defended residential and commercial appraisers, appraisal firms, and appraisal management companies accused of negligence or improper activity in their valuation services. Craig has also represented numerous licensed professionals in state licensing matters including real estate brokers, real estate appraisers, appraisal management companies, mortgage loan originators and brokers, and others. He has represented clients in both state and federal lawsuits as well as licensing matters in a number of states including Illinois, Wisconsin, Minnesota, Maryland, Idaho, Michigan, Colorado, Indiana, Kentucky, Kansas, Tennessee, Delaware, and California. Craig is authorized to practice law in Illinois, Wisconsin, several Federal districts, the United States Court of Appeals, 7th Circuit, and is a member of the trial bar of the United States District Court for the Northern District of Illinois.
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    Lyle Radke
    Director of Fannie Mae’s Collateral Policy team
    Lyle Radke joined Fannie Mae in 2013 and is a Principal in Collateral Policy. His team establishes and maintains policies for property eligibility, appraisals, and condo project standards. He holds a master’s degree in geology from Brigham Young University and is a certified residential appraiser in New Mexico. He advises the team on policy matters. Recent initiatives from his team include updated Appraiser Independence Requirements (AIR), adoption of the ANSI sq. ft. standard, valuation alternatives for certain purchase loans, the Undervaluation Risk Flag in Collateral Underwriter® (CU®), and the Uniform Property Dataset (UPD), and reconsideration of value requirements (ROV). Current workstreams include the Appraiser Diversity Initiative®, the next generation Uniform Appraisal Dataset, appraisal bias mitigation, hybrid appraisal requirements, and additional enhancements to CU. He is also responsible for Fannie Mae’s quarterly Appraiser Update newsletter and frequently speaks to lenders, risk investors, and appraisers about Fannie Mae’s collateral risk management policies, programs, tools, and vision for the future.
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