By Peter C Last fall on this blog and also in the Appraisal Institute’s Valuation magazine, I wrote about several entities involved in purchasing foreclosed debt from lenders and then filing lawsuits against appraisers asserting professional liability claims. Those investment entities were Mutual First LLC and First Mutual Group LLC; they were later joined by Llano Funding Group; and in the background,
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).