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Uniform Appraisal Dataset Aftereffects: Efficiency vs. Obligation

EMAIL   Date: May 2, 2013   Location: Greensboro, NC
 
  Seminar    
Category  Residential [Res]  
Attendance Hours  7.0  
Current Price  $ 145.00 AI(140.00 plus 5.00 NCAB fee)
$ 165.00 Full(160.00 plus 5.00 NCAB fee)
 
  Instructor    
Joyce B. Pusey, SRA  
    
 
  Location    
Name  Deep River Event Center  
Address  606 Millwood School Road  
City  Greensboro  
State  NC  
Zip  27408  
Phone  (336) 542-3797  
 
Click Here to check state approvals
     
 
  Sponsor / Contact    
Chapter  North Carolina
Website  www.ncappraisalinstitute.org  
Contact Name  Nancy Linton-Hall  
Email  nancy@ncappraisalinstitute.org  
Phone  (336) 297-9511  
 
  Description    
You may think this seminar is a rehash of the Appraisal Institute's first Uniform Appraisal Dataset (UAD) seminar, but it’s not!

Are you aware of the January 2013 changes?

Attend this seminar now 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 now 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!
 
  Equipment    
None.
 
  Disclaimer    
Cancellation Policy
  • Up To 14 days prior to program start date, $50.00 cancellation fee.
  • 7 - 13 days prior to program start date, $85.00 cancellation fee.
  • Less than 7 days prior to program start date, forfeit of payment.
        
Cancellations
All cancellations must be submitted writing via e-mail at nancy@ncappraisalinstitute.org or by fax at 336-297-9055. Confirmed participants should not assume that cancellation has been granted until confirmation has been received. No refunds 7 days or less prior to event.

The North Carolina Chapter Appraisal Institute is not responsible for students' non-refundable airline reservations or other travel costs.

The Chapter reserves the right to cancel, limit, or reschedule the program and to change faculty assignments and facility locations at any time.

ADA Policy
If you have a disability and require accommodations, please notify the NC Chapter office, 336-297-9511, at least two weeks in advance and we will arrange for reasonable accommodations. We reserve the rights to cancel, limit, or reschedule the course and to change faculty assignments and facility locations at any time. Prospective students should confirm their registration before making any nonrefundable airline reservations.


Program materials can be downloaded by the student or can be picked up at the site.
 
  Additional Information    
Seminar Materials
Materials will be sent directly to your mailing address via UPS within four (4) weeks of the event, unless you choose the "download materials" option for a $15 savings
or unless it is 10 business days or less until the event.
Please do not forget to bring them with you to class!!

Seminar Schedule
Registration: 5/2/13: 8 a.m. -- 8:30 a.m.
Class: 5/2/13 : 8:30 a.m. -- 4:30 p.m.

CE Credit Approvals
Appraisal Institute: 7 Hours
NC Appraisal Board: 7 Hours
NC Real Estate Commission: 4 Hours
NCREC Licensees: If CE Credit is needed, the cost is $10. When registering, use promo code: NCREC

Attendance Policy
The Appraisal Institute and Appraisal Qualifications Board require 100% attendance in order to receive credit. If the attendance roster reflects less than 100%, it could/will show up on the roster submission to the states.

Tuition Includes
Seminar materials and breaks

Seminar Location
Deep River Event Center, 606 Millwood School Road, Greensboro, NC 27409; T 336-542-3797

Lodging Information
Courtyard by Marriott: (Wendover Ave.) -- Greensboro; T 336-294-3800 or 800-321-2211; Ask for the Appraisal Institute rate of $79++ per night, which includes Bistro Breakfast (a $10 value); Complimentary in room wireless; Newly renovated sleeping rooms; You may also register online at
http://cwp.marriott.com/gsown/nccourseschedules/: Use Y8I for online booking discount code.
Comfort Suites: (Thorndike Rd); T 336-882-6666; The Appraisal Institute Group rate is $79++ per night; Includes free Wi-Fi; full hot breakfast; manager's reception; free airport shuttle; has valet and laundry available.
Fairfield Inn Airport: (Thorndike Rd): T 336-841-0140; The Appraisal Institute group rate is $84++ per night (King or Double); Includes complimentary hot breakfast; complimentary shuttle to airport and Deep River Event Center; Free In-room Wi-Fi and more;
Use corporate code: Y8I if booking online: http://cwp.marriott.com/gsoap/appraisalinstitute/
Holiday Inn Express & Suites: (Regional Rd): T 336-882-0004; The Appraisal Institute group rate is $79++ (Standard) and $99++ (King or Double Suites); Appraisal Institute Corporate Code: 100215437 for the website; Includes complimentary hot breakfast; complimentary shuttle to airport and to Deep River Event Center; Free In-room Wi-Fi; microwaves and refrigerators in most rooms; and more.
Additional Lodging Availabilities
Ashford Suites (soon to be Wingate by Wyndam): T 877-502-9522; 336-312-8787; Appraisal Institute rate is $74++ per night and includes a hot breakfast bar; Managers Reception: Tuesday & Wednesday each week.
Courtyard by Marriott, GSO Airport Location: T 336-668-1090; The Appraisal Institute group rate is $99++ per night (1 King/2 Queen); without breakfast or $104++ per night with a $5.00 off breakfast voucher. Use Y8I as booking code online and register at http://www.marriott.com/hotels/travel/gsoca-courtyard-greensboro-airport/?corporateCode=Y8i&toDate=&fromDate=&app=resvlink



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