Lenders have a big change coming their way. On Nov. 2, one of the most significant updates to residential appraisal reporting in years will be mandatory. Fannie Mae and Freddie Mac are modernizing appraisal standards through the new Uniform Residential Appraisal Report.
Tag: Uniform Residential Appraisal Report
Lenders Must Dive Into UAD 3.6 or Risk Getting Left Behind: A Q&A with ServiceLink’s Liz Green
UAD 3.6 is here. If lenders haven’t started preparing for this monumental shift in the valuation world, now is the time to start. MBA NewsLink interviewed ServiceLink’s Liz Green about her insights into UAD 3.6, what it means for the industry and how lenders can ensure they and the appraisers they work with are ready for the change.
Mary Kay Scully on Embracing Change
Woodrow Wilson once said, “If you want to make enemies, try to change something.”
Valuation Hot Topics: Four Things Valuation Professionals Need to Know Now (Sponsored by ServiceLink)
With the steady beat of regulations, rules and new requirements in the valuation space it can be tough for valuation professionals to keep their finger on the pulse of what’s happening within the industry. Appraisers today must also balance volume challenges, learn new technologies and train the next generation simultaneously.