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Overview:
Beginning in 2015, Fannie Mae made its
proprietary appraisal analysis application available to lenders
allowing them to compare appraisals against Fannie Mae’s
database of appraisal and market data.
Collateral Underwriter leverages
Fannie Mae’s market data and analytical models to perform a
comprehensive assessment of the appraisal. The tool provides an
overall risk score and detailed messaging to highlight specific
aspects of the appraisal that may warrant further attention.
On January 26, 2015, Fannie Mae introduced an appraisal risk
score, flags, and new messages in Uniform Collateral Data Portal
from Collateral Underwriter to support a more proactive
management of appraisal quality.
By the end of this course, participants should:
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Develop a better understanding of recent changes to the
Uniform Collateral Data Portal
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Identify the new Collateral Underwriter Scores, Flags, and
Messages that will occur in the Uniform Collateral Data
Portal
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Identify severity level modifications to messages that will
require lender action
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Develop a better understanding of recent changes to the
Fannie Mae Selling Guide as they apply to appraisers
Length:
One day, 7-hour continuing education seminar.
Registration begins at
8:00 a.m.
and the seminar
begins promptly at
8:30
a.m.
and
ends at
4:30
p.m.
Course
Fee: $130 if payment
received in advance; $155 if paid at the door.
Recording:
No audio
recording or video recording is permitted.
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