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UAD Redesign Timeline

Appraiserblogs

Appraisers, to see more about the upcoming new UAD currently in design, read the Updated Timeline link in the message below. My concern at this point is ‘training’ materials will be available in Q4 2024, but actual implementation of the ‘new reporting process’ won’t begin until Q3 2025 with limited production, into 2026.

Training 107
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Fannie Mae is Bullish on Appraiser Trainees

Appraisal Buzz

Appraisers who have had the opportunity to participate in an appraiser conference recently have probably noticed a recurring theme from Fannie Mae – the importance of supervisory appraisers training the next generation of appraisers. We continue to encourage properly trained new entrants to strengthen the profession in all these ways.

Appraisal 397
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Wells Fargo pays $96M to settle LO comp lawsuit

Housing Wire

The lawsuit, which combined two legal actions that were designated a class action, was filed on behalf of 5,377 loan officers and other mortgage staffers employed by the bank in California from 2013 and 2019. Attorney General in December 2018 brought the total settlement cost to $3 billion. Wells Fargo agreed to pay $95.7

Legal 466
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How to write a lead-winning, memorable real estate agent bio (+ examples)

Housing Wire

Accreditations and designations Highlight your professional credentials and any special designations you’ve earned. Janet and Robert Sherman brought their skill sets together in 2018 and formed a team to offer exceptional service to the Sarasota lifestyle. In 2018, Jane Doe became a LEED Accredited Professional.”

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Amy Wallick Sworn in by Massachusetts Association of REALTORS® as 2024 President

Lamacchia Realty

At the local level, she assumed the role of President for the North Shore Realtors in 2013 and received the Realtor of the Year award in both 2014 and 2018. She has held positions on the Executive Committee and the Board of Directors and has served as the Government Affairs Committee Chair for the Massachusetts Association of REALTOR®.

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Opinion: Beware of the hidden losses of real estate mergers and acquisitions

Housing Wire

Will the designated and trained team who is the recipient of incoming company-generated business perceive this change as a loss of revenue? Some nearly went out of business when the program shut down with no warning in 2018. Or do you have more to generate for them than they got before?

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Q&A: Is It Time to Take On an Appraisal Trainee?

McKissock

They tend to assume that the trainee, once she earns the Certified Appraiser designation , will set up shop as a competitor. It’s more to your advantage to look at it as training a productive employee. Or you might just not like the process of training other people. On the other hand, the appraisal industry needs fresh blood.