Appraisers and valuation professionals, are you ready for the biggest change to appraisal reports in over a decade? Panelists Sean Murphy (credit policy risk analytics manager/single-family acquisitions for Freddie Mac), Ken DeFeo (single-family collateral risk senior manager at Fannie Mae) and Aivre co-founder and CEO Jake Lew joined October Research, LLC Editorial Director Erica Peterson for an in-depth discussion breaking down the upcoming release of Fannie Mae and Freddie Mac’s new dynamic appraisal reports.
Our expert panel explored how these new reports aim to improve efficiency, standardization and transparency across the valuation process, and what this means for an appraiser’s day-to-day operations.
Murphy, DeFeo and Lew addressed many aspects of these new forms including the dynamic formatting to accommodate all property types, the breakdown of data and how it is categorized, the enhanced clarity and condition ratings to reduce subjectivity, as well as how the changes align with MISMO 3.6 standards.
The 60-minute webinar is free to subscribers or can be purchased by clicking here.