New Appraisal Rules


Collateral Underwriter by FNMA launches on Monday, January 26th . . . don’t know what that is?   Don’t worry, you are not alone

  • Here is the definition of Collateral Underwriter:
    • Collateral Underwriter (CU™) is a proprietary appraisal risk assessment application developed by Fannie Mae to support proactive management of appraisal quality. CU is an appraisal risk assessment tool that will provide real-time feedback on appraisal submissions starting with the January 26, 2015, UCDP release.   The purpose of the tool is to identify appraisals with heightened risk of property eligibility or policy compliance violations, overvaluation, and appraisal quality issues. CU will provide additional transparency and certainty by giving lenders access to the same appraisal analytics used in Fannie Mae’s quality control process. The application will perform an automated risk assessment of appraisals submitted to the Uniform Collateral Data Portal® (UCDP®) and return a risk score, any flags, and messages.
  • Here is an article from the Los Angeles Times that is enough to scare your borrowers and realtors:
  • FNMA has an entire page on their website dedicated to Collateral Underwriter (CU):

My company and I are on top of all new regulations! We can help you finance your home and make it as easy as possible. Rates are VERY good. Call today!


Valerie Oliver

Mortgage Services

181 2nd Avenue #218

San Mateo, CA 94401

(650)773-0247 cell

(650)401-2408 fax

NMLS: 483490  CalBRE: 00935469

Equal Housing Opportunity

About valoliver

I was born in San Francisco, raised in San Mateo. I have three children. I have been in the Mortgage industry for over 30 years.
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