meatsandbounds
Sophomore Member
- Joined
- Jun 3, 2020
- Professional Status
- Licensed Appraiser
- State
- Arizona
Day 2 CE Rundown:
A good first session about staying out of court unless you want to be (talking about expert witness work as another non-lending work).
The second session was talking about the process of how the new UAD will move through the loan cycle end to end, and had Fannie and Freddie there with some mortgage and technology partners (not software partners). The undercurrent was get with where things are going, cause we aren’t going back. Some here might find that will get their feathers ruffled, but you were already mad , and it seems that the industry is moving past y’all for their own good instead of trying to reason with ya.
Post lunch session was about increasing climate/catastrophe related issues and how to value in spaces where natural disasters and other disasters have happened. Using wildfires and floods as examples was the focus, but they did show models of where climate issues in the US could get more crazy in the sense of extreme heat, extreme cold, and extreme precipitation. Interesting talk.
Second to last session was about the UAD redesign and talking about the reasoning of putting sections where they are and how the new report is meant to help us tell a better story for the reader without having to make them jump between an addendum and the rest of the report. Nothing crazy here for normal people, makes sense in how they are trying to unify the way readers experience our work.
The keynote speaker at the end of Day 2 was alright, but it certainly felt that her talk was not originally meant for appraisers, as her focus sounded like it would make more sense for stakeholders in a different industry. Still much more enjoyable than the guy last year, cause at least for her going over, she didn’t get lost in her talk.
Other undercurrent this year is the opportunity of AI and figuring out where or if it has a place in appraising and mortgage work.
A good first session about staying out of court unless you want to be (talking about expert witness work as another non-lending work).
The second session was talking about the process of how the new UAD will move through the loan cycle end to end, and had Fannie and Freddie there with some mortgage and technology partners (not software partners). The undercurrent was get with where things are going, cause we aren’t going back. Some here might find that will get their feathers ruffled, but you were already mad , and it seems that the industry is moving past y’all for their own good instead of trying to reason with ya.
Post lunch session was about increasing climate/catastrophe related issues and how to value in spaces where natural disasters and other disasters have happened. Using wildfires and floods as examples was the focus, but they did show models of where climate issues in the US could get more crazy in the sense of extreme heat, extreme cold, and extreme precipitation. Interesting talk.
Second to last session was about the UAD redesign and talking about the reasoning of putting sections where they are and how the new report is meant to help us tell a better story for the reader without having to make them jump between an addendum and the rest of the report. Nothing crazy here for normal people, makes sense in how they are trying to unify the way readers experience our work.
The keynote speaker at the end of Day 2 was alright, but it certainly felt that her talk was not originally meant for appraisers, as her focus sounded like it would make more sense for stakeholders in a different industry. Still much more enjoyable than the guy last year, cause at least for her going over, she didn’t get lost in her talk.
Other undercurrent this year is the opportunity of AI and figuring out where or if it has a place in appraising and mortgage work.
