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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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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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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).

Insurance 404
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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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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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Disagreeing with the Appraiser: Tips for Staying Compliant While Making Your Case

Genworth MI Blog

Correct errors in the appraisal report. Since appraisers are imperfect and operating in markets with imperfections, it is appropriate for mortgage lenders to ask legitimate questions of the appraiser and present additional appropriate information for the appraiser’s consideration, when needed. A Few Basics.

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Disagreeing with the Appraiser: Tips for Staying Compliant While Making Your Case

Genworth MI Blog

Correct errors in the appraisal report. Since appraisers are imperfect and operating in markets with imperfections, it is appropriate for mortgage lenders to ask legitimate questions of the appraiser and present additional appropriate information for the appraiser’s consideration, when needed. A Few Basics.