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Site title: Class Valuation | Leading Appraisal Management Company
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By Nikkita Phanda
UAD 3.6 is reshaping how appraisals are performed, documented, and underwritten. For lenders and appraisal management companies, the shift is more than a form change. It alters what happens at the property, how much data must be captured, and how that data flows into the valuation.
Under today’s traditional model, appraisers can oft...
By Nikkita Phanda
Automated collateral evaluation (ACE) is a capability within Freddie Mac’s automated underwriting system (AUS), Loan Product Advisor® (LPA®), that can be used to deliver a loan without an appraisal report on eligible loan types.
Here is what lenders need to understand about ACE, how it works, who qualifies and what to consider before...
In wholesale lending, it’s often the lender, not the broker, who controls the appraisal process or dictates which valuation provider is used on a given file. Yet independent mortgage brokers still need a loan origination system (LOS) that gets a file from application to closing.
Your mortgage origination software should also be built for how you actually work, from sh...
Our recent webinar UAD 3.6: Your Roadmap to November made it clear that the new Uniform Appraisal Dataset (UAD) 3.6 is a shift from a forms‑driven world to a data‑driven, dynamic reporting standard.
Hosted by Executive Vice President Mark...