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Uniform Appraisal Dataset Aftereffects: Efficiency vs. Obligation
May 17, 2013
San Diego, CA
* includes late fee
Sara F. Schwarzentraub, SRA
9388 Lightwave Avenue
to check state approvals
Sponsor / Contact
You may think this seminar is a rehash of the Appraisal Institute's first Uniform Appraisal Dataset (UAD) seminar, but it’s
aware of the January 2013 changes?
Attend this seminar
and learn everything about avoiding “hardstop” errors, UAD callbacks, and “stips” due to non-compliance. Fannie Mae and Freddie Mac are tightening up on reports sent through the Uniform Collateral Data Portal, and starting in 2013 will no longer be passing through appraisal reports that formerly were allowed.
Consequently, lenders and their agents are stepping up their enforcement of the UAD and nonUAD rules. (If you don’t understand the definition of a “hardstop” or “rules” you really need to attend this seminar.)
Take the time
to learn how to avoid non-compliant UAD reports…new work will go to appraisers who understand the rules and can provide a higher level of client satisfaction and goodwill!
Upon completion of the seminar, participants should be able to:
Understand how the UCDP acts as a gate-keeper by checking appraisal reports for UAD compliance.
Understand what “hardstops” are and how to avoid them.
Identify current “hardstops” and how to stay abreast of UAD-“hardstop” changes.
Understand what additional “hardstops” beyond the current UAD requirements are coming in 2013.
Identify commonly misinterpreted UAD data fields and nuances by reviewing extensive and varied “real-world” illustrations.
Recognize how UAD data is being collected, monitored, and analyzed on individual and aggregate levels by Fannie Mae and Freddie Mac.
Know how such UAD monitoring may influence future appraisal reporting.
Search Fannie Mae and Freddie Mac web sites from an appraiser’s perspective to stay abreast of appraisal- and UAD-related changes.
Understand what a lender’s obligations are under the new UAD representations and warranties...why lenders are putting reports under a magnifying glass.
Recognize the lender’s obligations when using third-party vendors to manage and control the appraisal process under the UAD.
You may think you’re too busy to attend, but really, you can't afford to miss it!
Up To 15 days prior to program start date, $50.00 cancellation fee.
2 - 14 days prior to program start date, $85.00 cancellation fee.
Less than 2 days prior to program start date, forfeit of payment.
Enrollment is on a first-come, first served basis. If the event is filled, a waiting list will be retained. The San Diego Chapter reserves the rights to cancel, limit, or reschedule any event if the minimum enrollment level is not reached, and to change faculty assignments and facility locations at any time. Prospective students should confirm their registration with the Chapter office before making any non-refundable airline reservations. Transfers are not allowed.
The Appraisal Institute enforces attendance requirements mandated by state licensing and certification regulatory agencies. The Appraisal Institute issues certificates for state certification/licensing or state continuing education credit that verify successful completion and attendance of 100%, with your grade notification letter for courses, or at the conclusion of some seminars. One hundred percent (100%) attendance is required for all Appraisal Institute education programs. This follows Appraiser Qualification Board minimum criteria requirements.
Some offerings have prerequisites. Be sure to read the course or seminar description to find out if there are any prerequisites for this offering.
Some offerings have required textbooks. Be sure to read the course or seminar description to find out if there are any required textbooks for this offering. There will not be any textbooks for purchase at the class. Students must purchase any required textbooks prior to the start date of the offering.
Some offerings require each student to bring a laptop and/or other equipment. Be sure to read the course or seminar description to determine if any equipment is required. Students are responsible for safeguarding their equipment and personal belongings at all times. The Appraisal Institute, the San Diego Chapter, the course or seminar Instructor, or the facility will not be responsible for any loss of students’ personal belongings.
CLASS MATERIALS TO DOWNLOAD
Some offerings are now available with downloadable materials. If a student opted to download materials instead of having materials direct shipped, the student will be required to bring the materials to class on a laptop. All students must have their own set of the materials to receive any credit for the class. Extra copies of materials will not be available at the class.
It is the policy of the Appraisal Institute to provide reasonable accommodations for qualified persons with disabilities who are participating in Appraisal Institute educational programs. If any student needs accommodations to participate because of a disability, please notify the Chapter office in writing at least two weeks in advance of the program and reasonable accommodations will be arranged. Without two weeks’ notice, accommodation may not be available.
For scannable exams, written notification of results will be sent via email to the examinee approximately 15 business days from the date of receipt of the exams at the national office. Certificates of completion for continuing education will be distributed at the conclusion of the class. Express Grading for scannable exams is available. For more information about Express Grading, contact the Appraisal Institute National office at (312) 335-4207.
Program materials can be downloaded by the student or can be picked up at the site.
: Check in 8:00 am / Seminar 8:30 am to 4:30 pm
: If they were shipped to you directly, make sure you bring them with you to class. Additional materials will not be available at the seminar.
CERTIFICATES OF COMPLETION
will be e-mailed within fifteen (15) business days after the completion of the seminar.
Hotel and Venue Information