The new dynamic URAR is the result of a joint effort between Fannie Mae and Freddie Mac (the GSEs). This represents the most significant overhaul of the mortgage lending appraisal requirements in 20 years. The new URAR is a true “uniform” report, in that it is intended for many different property types (detached dwellings, co-ops, condos, manufactured homes, 2-4 unit dwellings) and it incorporates the appraisal requirements for both the private sector (the GSEs) and the government (FHA, USDA, VA).
This course takes a deep dive into the scope of work for a GSE appraisal, particularly information that must be gathered and reported that is different than what had previously been required.
Gain the tools to streamline your appraisal workflow, ensure compliance, and deliver well-supported valuations.
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