USPS address standards?

[Jack Ashworth]

I have gone through several iterations of a UAD 1004 with a lender through their AMC insisting that I must list all street addresses as Dr, Ct, Ave, St, Rd, etc Ie- I can't spell the word out and I can't add a period (.) after the abbreviation). They say this is per the UAD standards, but when I go look at them, all it says is that the address must conform to USPS address standards, and to go look at USPS.gov. But there is no USPS.gov. I have searched on USPS.com and can't find any addressing standards that say this (or anything else, for that matter). I am not trying to be difficult with the client, but if they are correct, then I have done literally hundreds of apprasials wrong with no pushback from any other lender or client, and my clickforms UAD checker doesn't change it either. Any advice/opinions? Thanks, Jack

 

[ctapraser]

They are correct. The abbreviation must match the USPS standards....St, Ave ect. If you spell it out it will fail when it is checked.

 

[Rich Heyn]

Here it is

Try this link:

http://pe.USPS.gov/cpim/ftp/pubs/Pub28/pub28.pdf

If it does not work, go to USPS.com and look for "Forms and Publications" at the bottom of the page. Click on that link, open the "Publications" tab and go to Publication 28.

The list of street suffix abbreviations begins on page 59.

 

[Sid Holderly]

There are some addresses that will not pass that are the legal addresses. In my more rural area often there is one or more comps that cannot be address corrected. The appraisal software has an address checker/changer, but does not change some addresses and they do not pass the UAD checker and a forced pass must be made. Note it in the addenda that address of Comp #? will not pass USPS address checker and is not correctable.

 

[Kim Whiting]

I like no name st......they love that one. Unfortunately it's a real street name.

 

[residentialguy]

I have gone through several iterations of a UAD 1004 with a lender through their AMC insisting that I must list all street addresses as Dr, Ct, Ave, St, Rd, etc Ie- I can't spell the word out and I can't add a period (.) after the abbreviation). They say this is per the UAD standards, but when I go look at them, all it says is that the address must conform to USPS address standards, and to go look at USPS.gov. But there is no USPS.gov. I have searched on USPS.com and can't find any addressing standards that say this (or anything else, for that matter). I am not trying to be difficult with the client, but if they are correct, then I have done literally hundreds of apprasials wrong with no pushback from any other lender or client, and my clickforms UAD checker doesn't change it either. Any advice/opinions? Thanks, Jack

Your client is correct. If you don't know this, you need to study the UAD requirements...as you may be doing other things incorrectly.
Here are the latest UAD standards..take 20 min and familiarize yourself with them. [URL]https://www.efanniemae.com/sf/lqi/umdp/pdf/uadappendixdfieldreqs.pdf[/URL]


An easy way to check your if your address is in correct format is to plug in the address and zip code here and it will put it in correct form.
[URL]https://tools.USPS.com/go/ZipLookupAction!input.action[/URL]
Your comps need to be in correct format, as well.

That link will also tell you if the mailing city is different than the actual physical address. If it is different, you will want to state the physical address in the report and then make mention of the mailing city name in the additional comments. Here is how I do it. It heads off trouble from the underwriter thinking that the postal city should be stated.

SUBJECT CITY
The subject is physically located in the city of XXXXXX. The USPS mailing city name for this zip code is "YYYYYYYY". The UAD Field-Specific Standardization Requirements (Document Version 1.3, updated April 10, 2012) was updated from the original to clarify which address to use in the report. It states: "The appraiser must enter the physical property address in a formatthat conforms to the United States Postal Service (USPS) address standards in Publication 28 – Postal Addressing Standards (pub28) for complete addresses. Address standards can be found at USPS.gov. The subject address must be populated consistently throughout the form." This has no adverse affect on value. The actual physical city is XXXXXXX and the physical property address is stated in correct format of USPS standards; It is populated consistently throughout the form, thus is in compliance to the stated UAD requirements.

 

[zdfenton]

Fannie/Freddie's UAD FAQ

[url]https://www.efanniemae.com/sf/lqi/umdp/pdf/uadfaqs.pdf[/URL]



Q10 Does the UAD standardize or limit the information and/or data that appraisers can include in the addenda to an appraisal report?
[FONT=Arial,Arial][FONT=Arial,Arial]

No. The UAD does not standardize the data contained in the addenda. In fact, an appendix or an addendum are the preferred sections in which to include additional data such as the legal property address, if it is different from the United States Postal Service (USPS) mailing address.​

[/FONT][/FONT]
Q54 The UAD requires that the United States Postal Service (USPS) standardized mailing address be included in the appraisal report. Where should the legal address of the property be included if the lender requires that information?
[FONT=Arial,Arial][FONT=Arial,Arial]

The legal address of the property may be included in an addendum.​

[/FONT][/FONT]

 

[residentialguy]

zd,

That has caused much confusion. I've changed my address response. The UAD Field-Specific Standardization Requirements is the law, not the old FAQs that was based incorrectly on the original version of the stand requirements. This was verified here by posters that worked on and helped develop the UAD specs.


Here is the new address response.


SUBJECT CITY
The subject is physically located in the city of XXXXXX. The USPS mailing city name for this zip code is "YYYYYYYY". The original UAD Field-Specific Standardization Requirements (Document Version 1.1) stated: "The appraiser must enter an address that conforms to the United States Postal Service (USPS) address standards in Publication 28". However, this caused much confusion as to whether to use the mailing address or the physical property address formatted to conform to USPS standards. Therefore, Fannie Mae revised the UAD Field-Specific Standardization Requirements from the original version to clarify which address to use in the report. The latest Version 1.3 (updated April 10, 2012) now states: "The appraiser must enter the physical property address in a format that conforms to the United States Postal Service (USPS) address standards in Publication 28 – Postal Addressing Standards (pub28) for complete addresses. Address standards can be found at USPS.gov. The subject address must be populated consistently throughout the form." This has no adverse affect on value. The actual physical city is XXXXXXX and the physical property address is stated in correct format of USPS standards; It is populated consistently throughout the form, thus is in compliance to the stated UAD updated requirements.

 

[sputnam]

UAD doesn't say the address has to match the address the USPS reports. It says it has to be in USPS format.

 

[Terrel L. Shields]

I used to be vetted from [url]www.zipplusfour.com[/URL] ... it's wrong about half the time.

Then our town has NNNNN Cherokee Road (which means it is out of the city limits) and NNN Cherokee Avenue (which is in the city limits)...and is the 911 addressing address. Try explaining that to some idiot who cannot find the address...