Anyone complete a UAD 3.6 report ..... yet

[Non Sequitur]

I see a lot of responses which essentially say "let's band together and not do these, the industry will respond to us". Come on. The bulk of appraisal orders go to skippys and large puppy mills who will do what they are told. If the handful of old timers still on this forum decide not to do them, the industry will not blink.

Folks, there is a reason SO many 1004s are getting done today, right now, for under $300 a pop. Figure out how to corral that crowd, maybe you stand a chance of shutting down 3.6. I'm taking the points on that though.

Now maybe other technical issues or the big players not liking the new format may change the course, but it won't be appraisers changing anything. We have so little impact in our industry anymore, it is laughable. If the money players want 3.6, they will have it. The industry decided years ago it did not care about quality, only price. The race to the bottom is nearing completion. And those who complete these 3.6 deals will be digging everyone's grave even faster. With all sincerity--good luck to those res. appraisers needing to earn their living by appraising come 2027.

Yep. The national firm-hybrid AMCs are staffing up with hopes indie appraisers drop out. And they are approaching every lender who will listen promising 3.6 means faster turn times and the same or lower fees. One good friend who operates a national direct order panel told me he has several firms offering two day turn times and a fee cut of 20%.

Bottom line: The only reason 3.6 may be delayed is on the production side. From what I'm hearing the few lenders trying are having issues with their LOS software and systems, similar to the mess we're seeing with appraisal software. Production always wins. If lenders aren't ready 3.6 will be delayed. If indie appraisers aren't ready they will be replaced.

 

[norapp]

Alamode is up and running with 3.6. Got an email the other day stating this. I went in and started a report for my home just to practice. I gave up pretty quickly. Why waste my time if no one asks for it. I will wait and see.

 

[Zoe]

I got this email today.

I won't be attending.

UAD 3.6 Bootcamp | Orlando, FL | March 4th-6th - Appraiser eLearning

Join AeL and CoreLogic for a 2 day, 14 hour CE event in Oklahoma City for two full days of continuing education. Friday and Saturday, August 2nd and 3rd, 2024 8:30am - 4:30pm Central TimeEach day is a separate 7-hour class. One-day options are available. Can’t make it to join in person? No...

appraiserelearning.com

I think it is like $495 just for the classes. That don't count room and board. I think you can stream it though and get credit depending on your State.

 

[Overimprovement]

I got this email today.

I won't be attending.

UAD 3.6 Bootcamp | Orlando, FL | March 4th-6th - Appraiser eLearning

Join AeL and CoreLogic for a 2 day, 14 hour CE event in Oklahoma City for two full days of continuing education. Friday and Saturday, August 2nd and 3rd, 2024 8:30am - 4:30pm Central TimeEach day is a separate 7-hour class. One-day options are available. Can’t make it to join in person? No...

appraiserelearning.com

I think it is like $495 just for the classes. That don't count room and board. I think you can stream it though and get credit depending on your State.

Personal opinion--whoever is forcing this switch should create and offer their own classes. For free.

 

[Zoe]

Personal opinion--whoever is forcing this switch should create and offer their own classes. For free.

See, I am mean. I think govt should take over the fannie/freddie and let AI do the rest. I know what taxpayers paid to bailout the fannie/freddie. Sign in to the portal Mr./Ms. appraiser at this website which is

If my dream comes true you should probably buy GSE stock.

But I think Fannie/Freddie should be government owned. Fannie/freddie employees would be happy.

 

[Sadie]

I hope you can find the article because someone is blowing smoke. The first confirmed completion was 11/14/25 using SFREP software, and the second using AIVRE software earlier this month. My guess is he's messing around with the beta software releases, nothing wrong with that but I highly doubt he's completing 3.6 reports.

I think SFREP has backed off from saying they 100% ready, I think I just read they are still beta testing. But hey, could be old news too.

 

[Zoe]

On the same token, I think States should stay in control of licensing unlike my girlfriend (partner) Joan Trice. Many reasons behind my reasoning why States should stay in control of State licensing of professional real property appraisers.

 

[Sadie]

Yep. The national firm-hybrid AMCs are staffing up with hopes indie appraisers drop out. And they are approaching every lender who will listen promising 3.6 means faster turn times and the same or lower fees. One good friend who operates a national direct order panel told me he has several firms offering two day turn times and a fee cut of 20%.

Bottom line: The only reason 3.6 may be delayed is on the production side. From what I'm hearing the few lenders trying are having issues with their LOS software and systems, similar to the mess we're seeing with appraisal software. Production always wins. If lenders aren't ready 3.6 will be delayed. If indie appraisers aren't ready they will be replaced.

I have heard that the software companies are having a bit of a time getting F/F to approve what they have, and then pivoting to making the software if not appraiser friendly, more or less appraiser friendly as their competition. Its on them to make work hard to keep our business since all the things we like about our current software may be out the window, Its a whole new world.

 

[Overimprovement]

See, I am mean. I think govt should take over the fannie/freddie and let AI do the rest. I know what taxpayers paid to bailout the fannie/freddie. Sign in to the portal Mr./Ms. appraiser at this website which is

If my dream comes true you should probably buy GSE stock.

But I think Fannie/Freddie should be government owned. Fannie/freddie employees would be happy.

I think they should be totally independent. Get government OUT of the mortgage business.

 

[Zoe]

Watch this. Would it upset you @DWiley if Federal govt bought out Freddie?