Why the New UAD is DOA

[Alsie35]

 

[Dublin ohio]

You mean saves time in working on the UAD 3.6 Abomination?
It's relative. Current UAD form is still faster to complete.

That went over your head

 

[Fernando]

How many UAD 3.6 reports have you completed? What is the average time you spent on those? What is the average time you spend completing a current UAD form? Do you develop your adjustments in your appraisals with similar data sets and analysis?

Don't give us GSEs' soundbites.
It's more pages. Don't need to think so hard. It will take longer to complete.

 

[Dublin ohio]

Don't give us GSEs' soundbites.
It's more pages. Don't need to think so hard. It will take longer to complete.

So in other words you can't back up your assumptions with any facts

 

[Fernando]

So in other words you can't back up your assumptions with any facts

Common sense which you don't have.

 

[TerryRohrer]

It's more pages.

I haven't seen one. How many pages are there?

 

[Alsie35]

So in other words you can't back up your assumptions with any facts

Dub, ANYONE who has sat through even a portion of the GSE 'class', or suffered through one of their all-day presentations, can easily come to that conclusion without needing to try any software ... or "It Goes Without Saying" ... I know you like beating on old Fern (sometimes like shooting fish in a barrel), but he's right on here ...

Edit: you have now opened yourself up TWICE to Fern in the past week, and surprisingly, he exploited the opening!

Should I be concerned?

 

[ZZGAMAZZ]

I'll digress for your pleasure. How many users won't care?

I already know many won't. My question is not if any won't care? My question is how many will care?

I'll give small example on who won't care. Many small banks engage appraisers directly and they won't care.

Many more examples I could mention but think about it.

Do "small banks" like you describe involve FNMAE, etc?

 

[Fernando]

I haven't seen one. How many pages are there?

Should be at least 5 pages.
Not sure if each software company will come out with their own version.

 

[Dublin ohio]

Common sense which you don't have.

My point is what the lender's perception is. That is common sense