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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.

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

Appraiserblogs

Mass Appraisal tend to exhibit a regressive nature… In the intricate landscape of real estate mortgage financing, the notion of appraisal waivers recently dubbed “Value Acceptance”, by the Government Sponsored Enterprises (GSEs), has stirred considerable debate.

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Fannie Mae extends relaxed appraisal, lending standards

Housing Wire

HousingWire recently spoke with CoreLogic’s Chief Appraiser Shawn Telford about re-examining traditional appraisal workflows in light of the changes brought on by COVID-19. Presented by: CoreLogic. HousingWire reached out to the company, and will update this story with any new developments.

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CFPB reverses pandemic flexibilities, vowing enforcement

Housing Wire

Presented by: Proctor Loan Protector. The CFPB also now intends to take enforcement action against land developers subject to the Interstate Land Sales Full Disclosure Act under Regulation J. Among the unknowns servicers face in 2021 are changes that could affect lender-placed insurance (LPI).

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All You Need to Know About Reverse Mortgage Appraisals

AmeriMac

One important aspect of the reverse mortgage process is the appraisal, which determines the value of the property and plays a crucial role in determining the size of the loan. Unlike traditional mortgages, there are no monthly mortgage payments required with a reverse mortgage, which can provide financial flexibility for retirees.

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How To Appraise Rural Properties

Appraisal Today

How To Appraise Rural Properties Excerpts: Appraising residential properties in rural areas can be both challenging and rewarding. Unlike the standardized expectations of urban and suburban properties, rural properties often present unique characteristics that require a nuanced approach to valuation. By Dallas T.

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Lenders mandated to use FHA Catalyst for appraisals

Housing Wire

How increased regulation presents a huge opportunity for lenders. Growing and investing in relationships and communities in the long term is one of the many opportunities presented by stricter fair lending regulations. Presented by: iEmergent. Learn more here!

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