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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.

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Class Valuation acquires AMC AppraisalTek

Housing Wire

The fragmented and decentralized appraisal management company sector is ripe for consolidation, amid increased regulatory pressures on appraisers and potentially disruptive technological changes. billion real estate appraisal services market has cumulatively grown by 32% since 2008.”.

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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. Is the GSE’s “Appraisal Modernization” Really Just Mass Appraisal?

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Chat GPT For Fannie Form Appraisal Reports

Appraisal Today

Chat GPT For Fannie Form Appraisal Reports By Dustin Harris Excerpts: The world of real estate appraisal is constantly evolving (much to our dismay sometimes), and as professionals in this field, it is crucial to stay ahead of the curve by embracing innovative tools and technologies. See the Google Business Profile info below.

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Lenders mandated to use FHA Catalyst for appraisals

Housing Wire

The announcement comes after more than a year’s worth of efforts by the FHA to streamline and modernize their FHA loan origination and claims process. 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.

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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.”

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