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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. Really, appraisers have always thought this way.

Appraisal 397
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Michelle Mencarini Joins SettlementOne as Vice President, National Sales

Appraisal Buzz

Prior to joining SettlementOne, Michelle served as National Sales and Business Development Manager at Class Valuation, one of the largest appraisal management companies in the country.

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Don’t miss the Vanguard Forum at HW Annual Oct. 4

Housing Wire

“As our market rapidly moves from a state of frenzy to a more normalized state, mortgage and real estate executives are tasked with developing the strategies, financial resources and partnerships that position their businesses for market share growth.

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Fannie Mae extends relaxed appraisal, lending standards

Housing Wire

The FHFA directed the GSEs to begin using both drive-by appraisals and desktop appraisals in certain circumstances to ensure that the mortgage process is not held up due to appraisal issues. HousingWire reached out to the company, and will update this story with any new developments.

Lending 538
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Lenders mandated to use FHA Catalyst for appraisals

Housing Wire

The FHA Catalyst platform has been a bright spot in the Department of Housing and Urban Development ’s outdated IT structures. This change not only affects HUD but affects the industry as it has already committed, allocated resources, and begun integrating FHA Catalyst into its business processes,” the IG noted.

Appraisal 411
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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. What if there are few rural areas near you? There may be seminars available.

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2022 Appraisal Outlook: Appraisers Cast Optimistic Eye On Coming Year

McKissock

Appraisers recently contacted by McKissock tend to agree that the profession will go generally well in 2022, with no major changes to the real estate market and no events on the horizon that could seriously upset appraisersbusiness. Desktop appraisals, with information provided by third-party hirelings, may increase.