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From Forms to Reports: A Look at the UAD Overhaul

Appraisal Buzz

By now, most appraisers are aware that Fannie Mae and Freddie Mac (GSEs) have embarked on a complete overhaul of the Uniform Appraisal Dataset (UAD). These codes, or language, make sense to appraisers but confuse uninitiated readers of our reports. Most appraisers have diversity in their business channels.

Appraisal 397
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UWM appraisal shakeup makes small splash

Housing Wire

The main flaws, according to appraisers, are the third-party vendors that UWM uses to run the appraisal program. Appraisers dislike Anow , the program’s appraisal management software, and Stripe , its payment processing platform. Appraisers have called the Anow platform “busy” and “confusing.”

Appraisal 400
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BREAKING The New York State AMC Law Is Now In Effect

Miller Samuel

After years of AMCs chipping away at the public trust, the New York AMC law was designed to protect the consumer. When the draft of the bill was approved by the NYS Board of Real Estate Appraisal , Carol DiSanto who is the Vice Chair, walked it across the street to The New York State Association of REALTORS (NYSAR).

Law 367
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How To Appraise Rural Properties

Appraisal Today

This is an excellent diversification opportunity, with little competition from other appraisers or the GSEs use of other ways to get a value without human appraisers. You can expand your area to include rural appraisals to get more business. This kept appraisers busy. There may be seminars available.

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Top 10 Tips for Working with AMCs

McKissock

But with a majority of the mortgage appraisal volume being engaged through appraisal management companies, as an appraiser, working with AMCs is almost a necessity today. One way to boost your business is by working smarter with your AMC partners. We love to hate them. Manage your workload.