Most residential appraisers recognize their new obligations under the Uniform Appraisal Dataset and the associated Uniform Collateral Data Portal; however, remaining efficient in the context of fulfilling such obligations has become a new challenge.
Appraisers, lenders, underwriters, and appraisal management companies all seem to assert their own ideas on the issue of UAD compliance as they navigate through the adjustment process of both the UAD and UCDP. Consequently, many appraisers misapply intended requirements and waste time on unnecessary details.
Designed to help students efficiently distinguish required from non-required data for UAD compliance, this seminar educates participants on how to: reconcile conflicting UAD requests from different clients; recognize how UAD data is collected and analyzed; and stay informed of ongoing UAD changes from Fannie Mae and Freddie Mac.
Upon completion of the seminar, participants will be able to: