Rule library
FatalField 17.016Subject

UAD1653Indicate whether distressed market competition exists.

Where this rule lives in the report

Market
Distressed Market Competition
Search Result Metrics

Report Section and Report Subsection as the GSEs define them — the black tab and grey bar you already read on the URAR.

Severity
Fatal — this blocks your UCDP submission and must be fixed before delivery.
Triggered when
MarketTrendsForeclosureActivityIndicator is not provided
Data Point Name
MarketTrendsForeclosureActivityIndicator
Unique ID
3000.0034
Report Field ID
17.016
What this field means
When true, indicates the presence of distressed sales activity which may impact the market (e.g. REO, foreclosure, short sale).

How to fix UAD1653

UAD1653 is a Fatal UAD 3.6 edit, so clear it before the appraisal report goes to UCDP.

  1. 01Open the Market › Search Result Metrics › Distressed Market Competition area of the URAR and find Distressed Market Competition.
  2. 02Check the condition that triggers UAD1653: MarketTrendsForeclosureActivityIndicator is not provided.
  3. 03Correct the missing, invalid, duplicate, or inconsistent value before submitting to UCDP.
  4. 04Use the official Single-family (SF1) sample value on this page as a reference pattern, then re-run validation.

This fix guidance is derived from the published rule message, trigger logic, report location, field definition, and official sample data available for this rule.

Seen in the sample reports

How this field is populated in the official UAD 3.6 sample scenarios.

More rules in “Market › Search Result Metrics”