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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. The appraiser will be led through a process, defined by the scope of work.

Appraisal 397
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How To Appraise Rural Properties

Appraisal Today

Defining rural properties – USDA and GSEs Challenges of appraising rural properties Appraising rural properties presents unique challenges due to their diverse characteristics and market dynamics. Kiedrowski The most recent statistics show Value Acceptance accounts for up to 40% of all mortgage approvals.

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What Is Appraisal Review in Real Estate?

AmeriMac

This article discusses what an appraisal requires, why it needs to be reviewed and the methods involved in arriving at both conclusions. What Is an Appraisal? An appraisal is the fair valuation of a property based on a professional’s opinion, mainly if the payment method includes a mortgage.

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Appraisal firm, loanDepot sued by Black couple for bias

Housing Wire

However, the couple was “shocked” when they were informed by loanDepot’s loan officer that Lanham, who conducted the appraisal, valued their home for only $472,000. loanDepot contracted 20/20 Valuations and after the appraisal, the lender said it would not extend the loan.

Appraisal 370