Nineteen state appraiser coalitions have joined together to voice their concerns over the adoption of Fannie Mae’s Collateral Underwriter. At the center of the groups’ argument is the contention that denying appraisers’ access to CU not only compromises the appraisal process, but contradicts existing Fannie guidelines. Read on for the details.
From Forms to Reports: A Look at the UAD Overhaul
By now, most appraisers are aware that Fannie Mae and Freddie Mac (GSEs) have embarked on a complete overhaul of the Uniform Appraisal Dataset (UAD).