I am not doing the 3.6 FORM deal

[Non Sequitur]

That's cheap as hell for line of biz software.

Yeah, and if it's who I'm thinking of he's a nice guy but really isn't a player.

 

[Bobby Bucks]

I took a different approach.

I have deleted every single one of those emails as soon as I saw them.

Keep the bastards in the dark, make them sweat. After all, they are all collaborators with the GSE machine, and nothing else.

And when it finally happens, they will find out that their appraiser pool just shrank by 40% - literally OVERNIGHT!

You got to love it.

Your method may be even more effective. There has to be a large number of "pseudo important" GSE/AMC people who are going to be extremely nervous nellies when they get close to their all important UAD deadline. It will be anybody's guess how many appraisers are going to participate in their twisted game, I doubt there is a bookie In Vegas who would give odds on the percentage of participants. Whether I'm a total spectator or a part time participant I intend to enjoy the spectacle.

 

[djd09]

Bynum Introduces Bipartisan Bill to Increase Access to Housing​

Washington, DC – Congresswoman Janelle Bynum (OR-05) and Congressman Byron Donalds (FL-19) introduced the bipartisan Appraisal Industry Improvement Act to help improve access to housing. The bill addresses the nationwide shortage of licensed home appraisers, which reduces obstacles to homeownership for our rural communities.

Across the country, and especially in rural housing markets, a shortage of trained appraisers and an aging workforce are slowing down the homebuying process and driving up costs. Two-thirds of appraisers are over the age of 51, and only 13% are younger than 35, making it difficult to maintain a stable workforce. With this bill, the over 1,300 appraisers in Oregon will now be able to more effectively and efficiently provide appraisals for home purchases.

“Lowering the cost of housing has been a top priority for me from day one,” said Rep. Bynum. “This bipartisan bill will make important progress toward making it easier, faster, and less expensive to buy a home, especially in rural areas, by addressing the appraiser shortage. I’ll keep working in Congress to make homeownership a reality for all Oregonians.”

https://bynum.house.gov/media/press-releases/bynum-introduces-bipartisan-bill-increase-access-housing

back to the shortage lies...

 

[chad hampton]

My best client is a mortgage broker. He still emails me a one page engagement form like it’s still 2005. It’s glorious. Checks always clear. Can’t beat it. I feel bad for the new generation that doesn’t know what this profession could be. They’re just stuck in purgatory that we were put in.

It would be cool if a tech bro charges $75 a report and an AMC pays $75 a report. Then you’ll be working for free.

 

[djd09]

Clear Capital Releases New Capabilities in Automated Collateral Analyzer, AURA, to Support Uniform Appraisal Dataset 3.6 Requirements​

The new standard for appraisals will provide access to structured data and enable Clear Capital to automate more functions through AURA, ultimately improving quality and accuracy of appraisals

RENO, NV / ACCESS Newswire / November 18, 2025 / Clear Capital, the national real estate analytics, data solutions, and valuation technology company, announced that AURA®, its AI-driven collateral analyzer, now supports Uniform Appraisal Dataset (UAD) 3.6. AURA automates the risk assessment of appraisals, creating operational efficiencies and improving the quality and accuracy of 3.6 appraisals for lenders, appraisal firms, and investors as the industry adapts to this new standard.

UAD 3.6 establishes a new set of standards for how appraisals are reported, moving away from fixed forms and establishing a singular, dynamic, data-driven Uniform Residential Appraisal Report (URAR) structure. The resulting innovation provides the appraisal space with improved data standardization that allows Clear Capital to automate more of the review process to provide a consistent and thorough risk assessment.

"The introduction of UAD 3.6 is a significant improvement that will impact every stage of an appraisal cycle and the entire industry from automating capabilities to mitigating risk and increasing overall quality," said Leah Campbell, Director of Product at Clear Capital. "As the first form update in two decades, this new standard transforms how property data is collected, structured, and validated. AURA will handle all of the heavy lifting by automatically flagging appraisal risk so our customers can focus on decisions, not gathering data."

AURA's capabilities are powered by Clear Capital's analytics and AI-driven tools that improve the 3.6 appraisal review process. This includes ClearPhoto™, a set of AI-driven rules that automate the review of property photos and sketches to confirm alignment with appraisal data; Condition Model, which uses AI to assess property condition by leveraging appraisal photos and property data; and ClearAVM™, Clear Capital's AI-powered automated valuation model. With AURA doing the heavy lifting, lenders, investors, and appraisers get an instant risk assessment and decision, streamlining appraisal review and reducing time and cost.

"All parties involved in the appraisal ecosystem will be required to adopt the latest standards for UAD 3.6 simultaneously, creating a demand to learn and onboard the new process quickly," said Kenon Chen, EVP of Strategy and Growth for Clear Capital. "Designed as a forward-looking platform, we have the utmost confidence that the latest AURA capabilities will enable our clients to stay ahead of regulatory shifts and competitive pressures and allow lenders, appraisers, and investors to transition to the new appraisal format seamlessly."

UAD 3.6 entered its limited production phase on September 8, and currently, a select group of lenders is testing the new environment. The broad production phase, in which UAD 3.6 will be available to all lenders and appraisers, begins on January 26, 2026, and UAD 3.6 will be required for all appraisals starting on November 2, 2026. Clear Capital will continue to accept UAD 2.6 through AURA along with UAD 3.6.

https://www.wlns.com/business/press-releases/accesswire/1103467/clear-capital-releases-new-capabilities-in-automated-collateral-analyzer-aura-to-support-uniform-appraisal-dataset-3-6-requirements/

imagine if you will a boot stomping on your head forever...

 

[Sandra Koutsopoulos]

He should be fired.

It will be interesting in a year or so, once the 3.6 is in use, whether Mr DeFeo is pilloried or honored. I suspect his name will go down as one who pushed appraisers past their tolerance level (diminishing #s of appraisers available), thus creating difficulties for lenders to get actual appraisers to produce eyes-on appraisals. Software companies may be whining they don't have enough appraiser-customers to stay profitably in business.

When Borrowers realize all the itsy bits of info re: their private home will be sold & accessible to schlumps trying to sell them stuff-protection-services, and they find their inner-most sanctuary has been invaded and exploited... there might be serious backlash about that. It appears we're not tasked with providing property value for lending purposes, but are required to pull out all sorts of info that is irrelevant to lending, but is being assembled for other purposes which the Borrower did not intend when he applied for a mortgage. I suppose municipalities will use our info for assessments once its packaged into a database, cuz y'know we measure by the cm. Perhaps "clean house inspectors" will try to sell these Borrowers housekeeping services. Painting companies? roofing companies? windows? lawncare? child care/pet care services?

IMO, the 3.6 is much too invasive, appears to be a time-consuming PITA, and will put consumers at risk as their privacy is violated.

 

[nachocheesefries]

Yes, clicking boxes while we are in a house with some HO or realtor standing on our shoulder and asking questions. So now you have your phone taking pics & clicking boxes on your tablet. We have officially become data collectors; I said this in one of our MBREA classes. Nobody said anything. smh.

Just got home from a divorce appraisal. Husband who hired me, said the wives appraiser was there for 2 1/2 hours with his head in an iPad. Large 2.5 story with a finished basement, but I was done measuring, writing on my folder and taking pictures in 30-35 mins. Spent the rest of the time talking to my client about the neighborhood, house updates/deficiencies,, and why he thought the current listing wasn't producing a sale, etc. My report will be right on the mark and I will have to argue in court about skippy that got licensed this year but looks real special on site using his silly machine.

 

[J Grant]

Shakespeare addresses the topic of money lenders and borrowing most famously through the character of Shylock in The Merchant of Venice, but also by advising against lending and borrowing in Hamlet. In his own life, Shakespeare also had personal dealings with moneylending.
The Merchant of Venice

• The character of Shylock: Shylock is a Jewish moneylender in Venice who lends money to Antonio, a Christian merchant. Shylock's terms are famously predatory: if the loan is not repaid, Antonio must forfeit a pound of his own flesh.
• Vengeance vs. business: While Shylock's actions are often portrayed as motivated by greed and vengeance against Antonio for his antisemitism, his monologue in Act 3, Scene 1 reveals a more complex character. He challenges Christian prejudice by asserting his shared humanity: "If you prick us, do we not bleed?".
• Usury: Shylock's practice of charging interest (usury) was viewed negatively by many in Shakespeare's audience, and is contrasted with Antonio's practice of lending money for free. However, Shylock notes that Antonio's practice hurts his business.
• Tragic figure: While Shylock's insistence on the "pound of flesh" makes him seem villainous, modern interpretations increasingly view him as a tragic figure, a victim of systemic prejudice and a Christian society that persecutes him and robs him of his daughter and money.

Hamlet

• Polonius's advice: In Act 1, Scene 3, Polonius famously advises his son Laertes, "Neither a borrower nor a lender be; For loan oft loses both itself and friend".

 

[Sandra Koutsopoulos]

Shakespeare was an astute observer. So much truth there.

 

[cashcatz]

Just got home from a divorce appraisal. Husband who hired me, said the wives appraiser was there for 2 1/2 hours with his head in an iPad. Large 2.5 story with a finished basement, but I was done measuring, writing on my folder and taking pictures in 30-35 mins. Spent the rest of the time talking to my client about the neighborhood, house updates/deficiencies,, and why he thought the current listing wasn't producing a sale, etc. My report will be right on the mark and I will have to argue in court about skippy that got licensed this year but looks real special on site using his silly machine.

Would be interesting to know which app, some are quite unwieldy and not efficient as they could be. It's also possible the other appraiser was already filling most of the form out, saving desk time. But 2 1/2 seems quite long, perhaps he was getting his sports betting in because I've done entire multi wing nursing home facilities in less time...