The Columbia Institute presents Fannie Mae’s® Introduction to Value Verify™. for Appraisers. This 4-hour course provides instruction and guidance to real property appraisers on Fannie Mae’s® new Value Verify™ workflow activity chain that separates property data collection (PDC) from the appraisal process. During this class appraisers will gain an understanding of the motivation behind the new bifurcated process and receive an overview of the decision path and process flow for loans that qualify for Value Verify™. This course will also introduce appraisers to a new PDC role and process, including insight into what it takes to be a property data collector beginning with professional prerequisites and leading into the extensive training needed to perform the inspection and use the cutting-edge mobile app. Complete with an overview of various monitoring measures in place to produce dependable property data insights for both Fannie Mae® and the appraiser. Discover how the addition of this role improves appraiser independence, increases productivity and provides further opportunity for specialization. Appraisers will learn how property data collectors and their observations will be utilized by Fannie Mae® and appraisers going forward. Additionally, this course will summarize the changes made to the appraiser’s scope of work, together with related revisions to the appraiser’s assumptions, limiting conditions and certification to allow appraisers to leverage 3rd party inspection information when performing desktop appraisals for Fannie Mae® backed mortgages.
Early bird pricing: $95.00
Standard pricing (cost within 30 days of course): $115.00
Dates: Dec 10, 2019
Times: 8:00am - 12:00pm
4 Credit Hours