FRE54940
WARNINGReport InconsistenciesOfficial message text · Freddie Mac Collateral Feedback Messages for UAD 3.6 (2026-08-04)
The appraisal report indicates a purchase transaction but the contract for sale was not analyzed. Please ensure that the contract has been provided to and analyzed by the appraiser.
Warning — the submission can still come back Successful, but the finding is surfaced to your lender's review team.
What triggers FRE54940
FRE54940 is a Freddie Mac proprietary finding (Report Inconsistencies). It is returned by Loan Collateral Advisor®/UCDP® after your lender submits — this layer is explicitly outside the GSE UAD Compliance API, so your form software's built-in check does not run it. The first time most appraisers see it is in a revision request.
- • Checked for the Subject property.
- • Bound to MISMO data point
SalesContractReviewedIndicator
How to fix it
On the URAR, this lives at: Sales Contract. Complete or correct that field in your form software, regenerate the package, and re-check before submission.
The free UADCheck inspection evaluates FRE54940 automatically — attach your package and see in seconds whether it fires.
Begin inspection →Related messages
- UAD1132 FatalIndicate whether the Appraiser has reviewed and analyzed the sales con…
- UAD1127 FatalIndicate whether the total amount of sales concessions is known.…
- UAD1128 FatalIndicate the presence of sales concessions in the sales contract.…
- UAD1129 FatalProvide the 'Contract Price'.…
- UAD1130 FatalProvide the date the sales contract was fully executed.…
- UAD1131 WarningThe 'Contract Date' cannot be after the 'Effective Date of Appraisal'.…
Source: Freddie Mac Collateral Feedback Messages for UAD 3.6 (2026-08-04) (public GSE document). Verified against the published spreadsheet; not affiliated with Fannie Mae or Freddie Mac.