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Uniform Appraisal Dataset Aftereffects: Efficiency vs. Obligation
May 2, 2013
(140.00 plus 5.00 NCAB fee)
(160.00 plus 5.00 NCAB fee)
Joyce B. Pusey, SRA
Deep River Event Center
606 Millwood School Road
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 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.
All cancellations must be submitted writing via e-mail at firstname.lastname@example.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.
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.
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!!
: 5/2/13: 8 a.m. -- 8:30 a.m.
: 5/2/13 : 8:30 a.m. -- 4:30 p.m.
CE Credit Approvals
: 7 Hours
NC Appraisal Board
: 7 Hours
NC Real Estate Commission
: 4 Hours
: If CE Credit is needed, the cost is $10. When registering, use promo code: NCREC
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.
Seminar materials and breaks
Deep River Event Center, 606 Millwood School Road, Greensboro, NC 27409; T 336-542-3797
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.
: (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