Fannie and Freddie property data will soon become public. Now What? Everyone seems to agree, or even shout! “Give us the data and we can do better!” Even appraisers. Problem. Appraisers have no real training in how to use data. You don’t need to worry about using data when you can just pick five comps. […]
The upcoming UAD (Uniform Appraisal Dataset) was part of my presentation at the CRN (Collateral Risk Network) meeting at an appraiser conference in Las Vegas. The CRN panel was from a workgroup. That workgroup effort is for lender and AMC “readiness” for appraisal acquisition (ordering). This UAD topic is intertwined with the new integrated URAR […]