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From Forms to Reports: A Look at the UAD Overhaul

Appraisal Buzz

UAD originated in 2010 and since then we appraisers are accustomed to using codes like “C4,” “N;Res,” and “1200sf0sfin” in our mortgage appraisal reports to communicate the results of our analysis. The original forms were designed before the digital age, to be completed on typewriters.

Appraisal 397
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WFG reports its highest volume months ever during Q2 and Q3 of 2020

Housing Wire

Patrick Stone was looking both ways when he took steps to launch Williston Fina ncial Group (WFG) in January 2010. “The market remains underserved in the sense that the mortgage lending market has changed so quickly that everyone is still trying to keep up,” Stone said.

Insurance 366
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The appraisal industry’s hidden hand

Housing Wire

A variation of the conduct code was inserted into the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act, and the modern AMC was off and running. But he repeatedly surfaces as the designated mouthpiece for AMCs. The value add is compliance, more than anything else,” said Shashank Shekhar, CEO of Arcus Lending.

Appraisal 395
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Fannie Mae: No Appraisals Required? 3-10-23

Appraisal Today

Another student reported that in 2010 (after HVCC was void) a lender client told an appraiser they could not order appraisals directly with appraisers anymore…that they must use a third party. Mortgage Lending In Q4 Hit Lowest Point Since 2014 Refinance mortgage originations hit low point this century. This is nothing new.