Category: Video

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a la mode Releases UAD Recorded Webinar

a la mode recently released a recorded video of the live “Intro to UAD” webinar. This hour long video includes: Part 1: Intro to UAD Part 2: What is the UMDP? Part 3: UAD Overview Part 4: UAD FAQ’s Part 5: Examples of Common Inconsistencies Part 6: UAD Rules Part 7: Using UAD in the software

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TAF Preview on USPAP 2012-13 Changes

Video on changes to the 2012-2013 USPAP The Appraisal Foundation recently released a video on changes to the 2012-2013 USPAP adopted on April 8, 2011. The purpose of this 23 minute video is to provide appraisers with advanced notice of changes to USPAP that could impact their practice. It is not intended to be a substitute for the 7 hour National USPAP update course. Summary of changes adopted includes: Revisions to the definitions of “Client”, “Extraordinary Assumptions”, Hypothetical Condition” and a new definition of “Exposure Time” Revisions relating to Development & Disclosure of Exposure Time Opinion Revisions to Standards Rules...

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How to Create a UAD Format Report & UAD Sample URAR

Where is the new UAD format report? Lately, we have been receiving a lot of emails from appraisers confused about WinTOTAL and TOTAL 2011’s Uniform Appraisal Dataset (UAD). Many think that they need to download a specific file, even though their software is up to date. “Where is the new UAD?”, we’ve been asked! So we prepared a short video tutorial explaining how to create URAR report in UAD format in WinTOTAL. You just need to make sure your software is up to date. Watch the video below:   T.J. McCarthy has made his “Sample URAR in UAD Format” available...

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TOTAL 2011 vs. WinTOTAL Aurora

How is TOTAL 2011 different from WinTOTAL Aurora? In this webinar you will find the differences between these two versions. Each serve different purposes. TOTAL 2011 was designed with ease of use in mind while WinTOTAL was designed with a lot more features. When deciding which software to go with, make your choice based on the features you need. For example only WinTOTAL Aurora has comparables and photos databases, auto-adjuster, billings/accounts receivable and custom financial reports among other features. Rentals and listings in side-by-side view, undo, redo, find and replace feature, as well as text overflow options are among some...

Banks, Servicers and Lenders Should Be Barred from Having Ownership Interest in an AMC 1

Banks, Servicers and Lenders Should Be Barred from Having Ownership Interest in an AMC

Ownership Interest in an AMC At the NAR midyear Legislative Meeting in DC, the question of the appraisal epidemic and the problems associated with AMCs and HVCC were discussed. David Stevens, the current President of the Mortgage Bankers Association and the immediate past commissioner of FHA, brought up the appraisers’ geographical incompetence, a violation of the Standard. The question is, ask Frank Garay & Brian Stevens, hosts of the TBWS Daily Show, why is he bringing this up now, when he is the President of MBA and cannot do anything about it. And why didn’t he voice his concerns while...

Landsafe appraisal service agreement - appraisers are gatekeepers 4

Aren’t Appraisers the Gatekeepers of our Collective National Equity?

LandSafe Appraisal Services, a wholly owned subsidiary of Bank of America, recently released its latest “Appraisal Services Agreement” to its panel appraisers. The agreement includes, among others, indemnifications of LandSafe against any liability, and loss of intellectual rights. If this goes through and appraisers agree to sign this new agreement, other AMCs will follow LandSafe’s lead and produce their own version of Appraisal Services Agreements. LIA Insurance has reviewed the new LandSafe Appraisal Services Agreement. The review is available to LIA’s insured appraisers and READI members but others can also view it by registering with code 201700. The whole idea of appraisers as...

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DaVinci for Android is here!

DaVinci for Android is here and you can dowload it now for free in the Android Market. Anyone with a Smartphone or tablet with Android 2.1 or later can download it. Click here to go to the DaVinci download page in the  Android Market. Click here to download the WinTOTAL update from the labs page. This will allow for file syncing between WinTOTAL and your device. With DaVinci for Android you can: Fill out an entire 1004 from the field by simply tapping on the screen, or use Android’s “talk-to-type” feature to fill out the report using your voice Create QuickLists within DaVinci...

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UMPD – Are You Ready?

This video, posted by a la mode, introduces UMDP terms, key players and processes involved in complying with the UMDP. The UMDP was created by Fannie Mae and Freddie Mac to standardized requirements for delivering appraisals intended to provide more accurate analysis of the loans that are to be securitized through Fannie or Freddie. It has three major parts: the Uniform Appraisal Dataset (UAD), the Uniform Collateral Data Portal (UCDP) and the Uniform Loan Delivery Dataset (ULDD). The UAD and the UCDP is discussed in the below video. The ULDD does not go into effect until next year.

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Davinci for Android coming soon

Davinci for Android is a field data gathering and sketching tool for appraisers running on Google’s Android operating system (OS). Some of the features in Android which may not necessarily be available in other platforms are: Talk-to-type in any field: Android has a “voice input” button on the keyboard which will allow appraisers to use thir voice to enter data into fields. Appraisers can fill the entire inspection using voice input. Free turn-by-turn voice activated navigation provided within the OS: Turn-by-turn voice navigation is provided within the Android OS at no additional charge.  Appraisers can use it as a GPS...

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a la mode’s UAD solution to the GSE’s Uniform Appraisal Dataset

Required as of September 1, 2011, the Uniform Appraisal Dataset or UAD changes how appraisers fill out the URAR and 2055. a la mode UAD solution let the appraiser fill out the form as easily and quickly as possible. There are no pop up windows with okay or cancel buttons. Clicking into a field simply expands part of the form if necessary where appraisers can check any boxes, select any appropriate pull downs, and fill out any additional comments. Tabbing or clicking out of the field will automatically combine the appraiser’s answer in the exact format that the GSEs need....

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