Compliance complexities have made the appraisal industry more difficult, particularly since October 2015, when the new TILA-RESPA Integrated Disclosure rules took effect. One appraiser in Montana said he hopes to find ways to smooth the completion of appraisal assignments. Read on for more details on his thoughts.
From Forms to Reports: A Look at the UAD Overhaul
By now, most appraisers are aware that Fannie Mae and Freddie Mac (GSEs) have embarked on a complete overhaul of the Uniform Appraisal Dataset (UAD).