Hi, I’m Adam DeSanctis with the Mortgage Minute. The latest news from the Mortgage Bankers Association. Last week was somewhat of a slow week by recent historical standards with Congress on its second straight week of recess and a planned HUD FHFA announcement postponed that was likely related to credit scores on the MBA front MBA education has completed a major update to its introduction to Single Family Appraisal Series featuring three core courses. Analyzing the appraisal property valuation for Fannie Mae Loans and property valuation for Freddie Mac loans. This update comes at a critical time. The courses are now fully aligned with the new Universal Residential Appraisal report or our URR and the uniform appraisal data set 3.6. One of the most significant appraisal changes in years with lenders already able to use a new format and mandatory adoption set for November of this year. We believe building fluency in this updated framework is essential. The refresh series goes beyond just explaining the new form. It helps learners understand how appraisal data is structured, submitted, and evaluated in a more dynamic digital environment. Looking ahead, the courses feature, fully redesigned content with enhanced interactivity, including knowledge checks, case studies, immersive field trips, and new video tutorials, and be able to continue expanding its training resources to support the industry’s transition to URR and UAD 3.6. That’s it for this week, and don’t hesitate to stop me and say hi if you see me running around this week at our National Advocacy Conference in DC.
Adam DeSanctis, VP, Communications at Mortgage Bankers Association
As a strategic public affairs and communications executive with nearly two decades of experience, Adam has deep expertise in strategy, management, and media relations. He is widely regarded as an expert in a variety of communications, including advocacy, brand, executive, crisis, grassroots, and social media. In his career, he has been the MBA spokesperson on a wide variety of real estate research and advocacy-related issues, promoted MBA research and advocacy efforts to financial, political, and trade industry media and on MBA’s social media channels, and secured media opportunities for MBA leadership on key real estate trends and issues, generated media coverage for MBA’s research and data on mortgage applications, credit availability, homebuilder applications, mortgage forbearance/delinquencies, commercial real estate originations, and forecasts, and other industry analysis, developed key strategic initiatives for MBA’s organizational public affairs plan, media relations and member communications support for mPower, MBA’s Opens Doors Foundation and MBA’s Diversity, Equity, and Inclusion programs.