Fannie and Freddie - UMDP / UAD Forms Redesign Initiative - They ARE interested in appraiser input. Surprise!

[Mejappz]

which form do they use when they waive'em?

A legal notepad.

The other item I’m not sure about, yet, is whether this new Property Data Report ‘form’ will be included in our report software from the multiple vendors. I just checked my software and the PDR is not in the forms package now. So that means you may have to ‘hard copy print’ a PDR form, take it into the field, and use a pen to input the checks and written info. Back at the office you’d have to scan it to a PDF, include photo page(s) and the FLOOR PLAN, and submit that report bundle back to the client. This is going to be a bit cumbersome to start.

Appraisers Can Do These Property Data Reports for Appraisal Waivers

These Property Data Reports have a higher level or different reporting requirements than ordinary traditional appraisals. Appraisers, on Tuesday 5/24/22,

appraisersblogs.com

 

[Lindseyw]

Nowhere close. All it takes to build a form in Excel is

Sizing line heights and column widths
Merging cells and formatting them for numbers or text
Applying borders
Setting the pages up for pagination (margins, page numbers, etc)
Writing equations for the math
setting transfers so you don't have to re-enter addresses and data and such more than once

Anyone can do it. The hardest part is figuring out what fields you want to include and how you want the form to look in terms of column alignment.
I do one page per section.

Obviously not a solution for you guys due to the electronic data protocols. The main reason I brought it up is to suggest that the new forms will be a lot less cluttered and inefficient from a reader perspective. By the time your appraisalware vendors figure them out their drop-downs and transfers will get populated and you won't be spending but maybe a couple minutes noting the additional info for your report.

Ha! I’m a millennial and I’m lazy!! LMAO. I’m impressed, I just like creating formulas to analyze. I’m still cant figure out why my Microsoft 365 account has my aunts name as the account holder when we’ve never even shared data/login info. Yep, checked settings already. I pay, but Windows thinks I’m someone else. I’ll never figure out your setup.

 

[djd09]

A legal notepad.

The other item I’m not sure about, yet, is whether this new Property Data Report ‘form’ will be included in our report software from the multiple vendors. I just checked my software and the PDR is not in the forms package now. So that means you may have to ‘hard copy print’ a PDR form, take it into the field, and use a pen to input the checks and written info. Back at the office you’d have to scan it to a PDF, include photo page(s) and the FLOOR PLAN, and submit that report bundle back to the client. This is going to be a bit cumbersome to start.

Appraisers Can Do These Property Data Reports for Appraisal Waivers

These Property Data Reports have a higher level or different reporting requirements than ordinary traditional appraisals. Appraisers, on Tuesday 5/24/22,

appraisersblogs.com

but but but they have the data, been collecting it for 40 years per Mr. GSE

 

[Mejappz]

but but but they have the data, been collecting it for 40 years per Mr. GSE

The user rules do as your told.

 

[djd09]

The user rules do as your told.

they said for hybrids no inspection was needed, told me that USPAP didn't require one. what a bunch of flip flop fishes. send that in the email

 

[Mejappz]

they said for hybrids no inspection was needed, told me that USPAP didn't require one. what a bunch of flip flop fishes. send that in the email

Now they want you to rate each room for the condition to measure one-tenth an of a foot. Oh, and we will end up waiving them all in the end.

 

[djd09]

because they're hot then cold
they're yes then no
they're in and you're out
they're up and you're down
you're wrong when it's right
It's black and it's white

 

[Mejappz]

because they're hot then cold
they're yes then no
they're in and you're out
they're up and you're down
you're wrong when it's right
It's black and it's white

You're up then you're down
You're wrong when it's right
It's black and it's white
We fight, we break up

 

[George Hatch]

it is more then a waiver does



which form do they use when they waive'em?

They're using other valuation products.

 

[George Hatch]

The user rules do as your told.

The users decide how much development is sufficient for their needs.