CoesterVMA a nationwide appraisal Management company offers UCDP and UAD Compliance for mortgage lenders. Learn what the portal requires as well as what as a lender need to to do to become compliant with the new legislation.
This document provides an overview of design-build project delivery and highlights some key advantages over traditional design-bid-build approaches. It notes that design-build can reduce costs, shorten project timelines, and place single-source responsibility on the builder. While still less common in the US, design-build is gaining acceptance as it has been shown to exceed quality expectations and reduce cost growth and schedule delays compared to other methods. The document also outlines various design-build strategies, contracting considerations, and cost comparisons between project delivery systems.
An RFI, or request for information, is used during construction to request clarification or additional information related to the contract documents. The proper RFI format should include project information, section/drawing numbers, references/attachments, the contractor's suggested solution, space for the architect's response, and a disclaimer. RFIs allow project issues to be resolved in an orderly manner through documented communication channels within a specified timeframe, helping to avoid misunderstandings. They are an integral part of the construction process and standard of care for architects. Questionable RFIs that improperly shift responsibilities should generally be avoided.
UCDP and UAD Appraisal Compliance Data set. Coester ApBrian Coester
Coester Appraisal Group, a nationwide appraisal management company, is ready for the Uniform Collateral Data Portal, better known as the Uniform Appraisal Dataset that will be available for use on June 27th, 2011 and required on or after March 19th, 2012 for all loans being submitted to Fannie Mae and/or Freddie Mac.
We hosted a series of webinar, which is part of a series of online educational programs hosted by Coester Appraisal Group. We will be continually updating and holding seminars and webinars for our lender clients. Please look below and look for updates.
This document discusses the importance of data standardization for business intelligence (BI) initiatives in the public sector. It outlines the key steps for getting started with data standardization, including identifying business champions, deciding on an approach, determining standards, and conducting a data quality audit. It also describes developing an enterprise data model and data standardization layer to create a single view of customer data across legacy systems and support performance management through BI reporting.
UAD and UCDP Seminar - Coester Appraisal ManagementBrian Coester
Coester Appraisal Group a nationwide appraisal management company offers its clients and vendors educational material on the UCDP and UAD changes mandated by Fannie Mae and Freddie Mac. www.coesterappraisals.com
The document summarizes benefits of proper cost estimating techniques and provides case studies. It discusses fundamentals of cost estimates, including purpose and potential legal liability. Case studies examine a cost to complete estimate for unfinished subdivision work, finding the plaintiff's claim overstated, and a design-build project where cost overruns occurred due to inadequate contingencies and misaligned expectations between the designer and contractor. The document emphasizes importance of clear communication and standard practices in cost estimating.
The basic premise with the Law of Attraction, Law of Vibration, Law of Gratitude, Law of Love, and Law of Allowing, is that when you practice these laws, and stay in harmony with them, you will prosper. You will have abundance. You will have plenty.
There is no denying it. Your thoughts control your actions. Your thoughts dictate what you end up getting from the Universe. If you believe completely that you will receive what you wish for, good things will come your way.
You must accept that which you wish upon. You must be tuned into the universe to get it. You must be in vibration to what you want. You must show the universe you want it by having gratitude for what you have received. You also must show that you are allowing it by being receptive to it and saying “yes” to it when it comes. By doing this, the universe will manifest it to reality and provide you more.
The main point with this book is to draw your attention to the fact that there are universal laws God put in place to help us. He loves us and wants the best for us. By acting in harmony with his will and by obeying his universal laws, you will have plenty. You just have to start the process with a thought, turn that thought in an image, send it to your heart for processing (this turns into emotions and feelings), act on your thoughts, and allow the results to come to you. By doing this you will receive results from your thoughts, whether they are good or bad.
The old saying is, “be careful what you wish for” or “you are your thoughts” holds true here in every respect. Therefore, watch your thoughts if you want the best that life has to offer.
This document provides an overview of design-build project delivery and highlights some key advantages over traditional design-bid-build approaches. It notes that design-build can reduce costs, shorten project timelines, and place single-source responsibility on the builder. While still less common in the US, design-build is gaining acceptance as it has been shown to exceed quality expectations and reduce cost growth and schedule delays compared to other methods. The document also outlines various design-build strategies, contracting considerations, and cost comparisons between project delivery systems.
An RFI, or request for information, is used during construction to request clarification or additional information related to the contract documents. The proper RFI format should include project information, section/drawing numbers, references/attachments, the contractor's suggested solution, space for the architect's response, and a disclaimer. RFIs allow project issues to be resolved in an orderly manner through documented communication channels within a specified timeframe, helping to avoid misunderstandings. They are an integral part of the construction process and standard of care for architects. Questionable RFIs that improperly shift responsibilities should generally be avoided.
UCDP and UAD Appraisal Compliance Data set. Coester ApBrian Coester
Coester Appraisal Group, a nationwide appraisal management company, is ready for the Uniform Collateral Data Portal, better known as the Uniform Appraisal Dataset that will be available for use on June 27th, 2011 and required on or after March 19th, 2012 for all loans being submitted to Fannie Mae and/or Freddie Mac.
We hosted a series of webinar, which is part of a series of online educational programs hosted by Coester Appraisal Group. We will be continually updating and holding seminars and webinars for our lender clients. Please look below and look for updates.
This document discusses the importance of data standardization for business intelligence (BI) initiatives in the public sector. It outlines the key steps for getting started with data standardization, including identifying business champions, deciding on an approach, determining standards, and conducting a data quality audit. It also describes developing an enterprise data model and data standardization layer to create a single view of customer data across legacy systems and support performance management through BI reporting.
UAD and UCDP Seminar - Coester Appraisal ManagementBrian Coester
Coester Appraisal Group a nationwide appraisal management company offers its clients and vendors educational material on the UCDP and UAD changes mandated by Fannie Mae and Freddie Mac. www.coesterappraisals.com
The document summarizes benefits of proper cost estimating techniques and provides case studies. It discusses fundamentals of cost estimates, including purpose and potential legal liability. Case studies examine a cost to complete estimate for unfinished subdivision work, finding the plaintiff's claim overstated, and a design-build project where cost overruns occurred due to inadequate contingencies and misaligned expectations between the designer and contractor. The document emphasizes importance of clear communication and standard practices in cost estimating.
The basic premise with the Law of Attraction, Law of Vibration, Law of Gratitude, Law of Love, and Law of Allowing, is that when you practice these laws, and stay in harmony with them, you will prosper. You will have abundance. You will have plenty.
There is no denying it. Your thoughts control your actions. Your thoughts dictate what you end up getting from the Universe. If you believe completely that you will receive what you wish for, good things will come your way.
You must accept that which you wish upon. You must be tuned into the universe to get it. You must be in vibration to what you want. You must show the universe you want it by having gratitude for what you have received. You also must show that you are allowing it by being receptive to it and saying “yes” to it when it comes. By doing this, the universe will manifest it to reality and provide you more.
The main point with this book is to draw your attention to the fact that there are universal laws God put in place to help us. He loves us and wants the best for us. By acting in harmony with his will and by obeying his universal laws, you will have plenty. You just have to start the process with a thought, turn that thought in an image, send it to your heart for processing (this turns into emotions and feelings), act on your thoughts, and allow the results to come to you. By doing this you will receive results from your thoughts, whether they are good or bad.
The old saying is, “be careful what you wish for” or “you are your thoughts” holds true here in every respect. Therefore, watch your thoughts if you want the best that life has to offer.
It is hardly true that financial inclusion gaps forced countries around the world to explore the potential of digital financial services and fintech companies allow leapfrogging of traditional brick-and-mortar banking services. As per the study conducted by the World Bank, access to affordable financial services is critical for poverty reduction and economic growth. At the macro level, countries with deeper, more developed financial systems can allocate capital and risks more efficiently and consequently enjoy higher economic growth and larger reductions in poverty and income inequality. At the micro level, financial inclusions—access to and use of basic financial services—can reduce poverty, increase resilience and improve the lives of the poor. Digital financial services bridge the financial inclusion gaps and enhance economic growth. Fueled by the explosive growth of mobile phones, digital financial services (DFS) leverage technology to offer new forms of financial accounts that provide secure options for storing, transferring, and accumulating money. Hence, digital financial services are becoming accessible and affordable to all individuals and businesses through digital financial channels which ultimately boosts financial inclusion.
The contribution of digital financial service in alleviating constraints to financial access is quite immense. The emergence of mobile money, platform eco systems and open application programming interfaces (APIs) uplifted the digital financial service at the global level and impacted the level of financial inclusion. Yet in many emerging economies today, the majority of individuals and small businesses lack access to even basic savings and credit products, which hinders economic growth and perpetuates poverty. Financial exclusion is at the forefront in the list of the challenges which inhibit the growth of many economies around the globe.
Digital financial services enable financial institutions to provide convenient self-service saving and credit products. Traditional saving and lending processes are being replaced by quick and painless digital processes and helps to enhance digital customer centric experience.
Looking the relevance of digital financial service to financial inclusion, the government of Ethiopia is undertaking digital transformation to boost the economy and the necessary regulations have been crafted to create conducive environment. As per the study conducted by national bank of Ethiopia, only 35% of the population is financially included and the remaining 65% of the population is excluded from financial service. Needless to mention, digital financial services would allow financial institutions to outreach financially excluded segments of the population. Increasing digital adoption, digital payment offerings, ease of regulation to attract new entrants, and a growing fintech community are the main drivers of digital transformation in Ethiopia.
Q1FY21 Heroes - QPT Overview and Workshop.pdfYasmineBoudhina
The document provides an overview of Dell's Sales Productivity Portal (SPP) and its key capabilities. SPP includes an Asset Dashboard for accessing customer asset data, a Quick Proposal Generator for creating customized proposals, and resources for business value assessments. The dashboard centralizes asset data from various sources to provide visibility. The generator allows configuring multi-product proposals with automatic calculations. Business value assessments help customers quantify the benefits of Dell solutions.
The "Asset Life Cycle, Cost Estimating and the CCRG (Cost Construction Reporting Guide 2005)" was an educational seminar provided as a joint panel offered through the Alberta Assessors Association in their 2015 annual conference. This learning opportunity was organized with the sole objective to share with the audience the best practices when reporting construction projects for property tax rendition purposes. We delved into the legal framework, the segregation of included versus excluded costs and the challenges Owners face while executing industrial projects.
This document provides an overview of asset life cycles, cost estimating, and the Capital Cost Reporting Guide (CCRG) used in Alberta for property tax assessments. It discusses the CCRG background and basic principles, common areas of dispute, owners' costs, and issues around what constitutes construction costs. The document also covers asset life cycle phases and expenditures over time, the project management team, transitioning costs to assessments, and abnormal cost claims under the CCRG.
Tamara M. Brocius has over 15 years of experience in banking, mortgage lending, and debt collections. She has extensive experience ensuring compliance with regulations such as OFAC, AML, KYC, and FDCPA. Her background includes roles in credit analysis, loan processing, underwriting, quality assurance, and document management.
The document discusses key concepts related to CECL (Current Expected Credit Loss), including:
- Initial measurement of allowance for credit losses which is deducted from financial assets and adjusted based on management's current expected credit loss estimates.
- CECL will create volatility in financial reporting due to changes in methods, models, and other factors that influence expected credit loss estimates.
- Proper segmentation of financial assets into risk-based pools is important for determining expected credit losses under CECL. Historical loss periods must also cover the contractual term of assets.
Preserve value and stabilize assets using Permit Place\'s Asset Advantage service. Send your portfolio\'s to us and we will research, report and in many cases, remediate the issues involving your portfolio.
We work on commercial and residential projects nationwide. Use the service the FDIC uses to discover the true value of what you have on your books.
The purpose of this webinar is to provide guidance in regards to understanding appraisals from a consumers perspective. Effective January 18, 2014, a new regulation regarding disclosure and delivery requirements for copies of appraisals and other written valuations under the CFPB and the Equal Opportunity Act (Regulation B) was issued. With this new rule comes the responsibility of loan officers and mortgage brokers/bankers to provide explanation of the appraisal and valuations developed in connection with an application for a loan to be secured by a first lien on a dwelling to the consumer.
1) The document discusses the development of customer defined service standards by XYZ Courier Service and other companies. It outlines factors like standardization, formal targets, and customer expectations that inform effective service standards.
2) Hard standards that can be counted like on-time delivery percentages are discussed as well as soft standards collected from customer feedback. Examples include standards set by Ford and a bank.
3) The process of developing customer defined standards involves identifying service sequences, translating customer expectations into behaviors, setting targets, tracking performance, and getting employee feedback to continuously update standards.
Software Professional Services Project ManagementChuck Crafton
This document discusses key aspects of software project management. It outlines some of the challenges project managers face, including managing technology, budgets, schedules, requirements, and client expectations. It identifies attributes of successful projects, such as effective planning, measurements, change management and communication. It also discusses factors that can lead to unsuccessful projects if not managed properly. Finally, it outlines some "sins" or pitfalls project managers should avoid, such as ignoring issues, fearing conflict, and not maintaining proper documentation and reporting. The overall message is that software project management requires diligence in planning, control, communication and addressing risks to help ensure project success.
The document provides an overview of key aspects of submitting an adequate incurred cost proposal (ICP). It discusses who needs to submit an ICP, what attributes make an ICP adequate, and consequences of inaccurate or late submissions. The presentation covers required schedules and information for an ICP, such as direct and indirect costs by contract, subcontractor information, and cumulative costs claimed and billed. It emphasizes starting preparation early, using the ICE model and DCAA checklist, and thoroughly reviewing all schedules.
Predictive Demand Planning at Huffy Bicycles - IBM Insight Conference - QueBI...QueBIT Consulting
Overview:
Huffy company overview
Huffy’s business challenge
QueBIT introduction
Solution architecture & overview
Predictive demand forecasting
UI walk-through
Benefits
Benefits:
Fully automated forecasts (no more Excel spreadsheets)
Flexible workflow (with accept/reject, etc.)
Data driven forecasts that include causal factors
Ability to accurately predict demand for new items (or new item/customer combinations)
Improved visibility of ATP/forecasts to prevent inventory short-falls
Forecast Value Add (FVA) KPIs that allow for tracking at lowest levels
Ability to feed forecast directly into financial planning (TM1)
Financial management is the constant process of tracking progress towards financial objectives and safeguarding the financial assets of an organization. Financial management is important to grantees and project sponsors administering federal programs for several reasons: it helps organizations budget for activities; it promotes sound and efficient operation of organizations and their programs; it serves the need for accountability to funding agencies and beneficiaries of the program(s); and it is required by law. This workshop will provide practical recommendations on managing program budgets by illustrating examples of best practices and financial tools needed to manage grants and contracts effectively.
The document provides information about Brian Wages, a tax credits and incentives specialist. It summarizes Brian's background, areas of expertise in tax credits, and contact information. It then provides summaries of cost segregation, R&D tax credits, and green energy incentives. Cost segregation allows identifying property costs that can be depreciated faster. R&D tax credits require qualified research activities. Green energy incentives include section 179D deductions and solar investment tax credits. The document aims to educate manufacturers on available tax savings opportunities.
The Governor's Budget Bill radically changed the rules for public construction work in Ohio. Those construction reform rules have just been finalized. At this seminar, our presenters covered everything you need to know about these sweeping changes and the legal and practical implications it holds for owners, contractors, and subcontractors involved in public construction work in the state. The topics discussed included:
• Alternative Contract Delivery Systems authorized, including Design-Build and Construction Manager At-Risk
• Changes to the Multiple-Prime Contractor System
• How to Compete in this New Environment
• New Rules for Bonding, Subcontracting, Prequalification and Best Value
This document discusses best practices for managing payments to subcontractors in order to minimize financial risk. It recommends establishing thorough corporate payment protocols, carefully reviewing project-specific requirements, evaluating payment applications based on field observations, being aware of warning signs of subcontractor distress, and encouraging communication across departments. Developing and adhering to standardized, consistent processes can help ensure timely, fair payments while protecting the company's interests and preventing costly defaults.
As construction costs soar, funding for multifamily affordable housing remains relatively stagnant. The result is that multifamily affordable housing developers are increasingly pinched, forced to find creative ways to reduce already-tight construction budgets. Too often this causes delays and adversely affects the quality of the end-product. Meanwhile, the factory-built modular housing market is growing more sophisticated and efficient. It is estimated that the average modular multifamily project can save anywhere from 5% to 10% of overall construction cost relative to a traditionally framed building, not to mention the time savings of up to 40%. Yet, to-date, the modular industry has primarily served market-rate developers. The fact is that there are a number of financing, logistical, and permitting challenges that make modular affordable housing more difficult to achieve than modular market rate housing. Addressing these challenges has the opportunity to increase the affordable housing pipeline and address the affordability crisis.
Learning Objectives:
1. Learn about the cost and time saving opportunities for affordable housing associated with prefabricated construction.
2. Learn how to navigate the regulatory hurdles associated with prefabrication.
3. Learn about design constraints and opportunities associated with prefabrication.
4. Learn how construction documentation techniques may vary for prefabrication.
Speakers:
Brad Leibin, AIA Associate, David Baker Architects
Sharon Christen Senior Housing Developer, Mercy Housing California
Larry Pace Chief Operating Officer, Factory OS, Founder and President, Cannon Constructors North
This session was hosted by the AIA Housing and Community Development Knowledge Community in partnership with the Open Architecture Collaborative on May 6th, 2019.
Data Validation Victories: Tips for Better Data QualitySafe Software
Get tips on improving data quality and standards compliance via success stories on data validation, including guest presenters from Colonial Pipeline and Global Information Systems. Sign up for this webinar and you'll receive the A's to your Q's on data QA (quality assurance).
How to Manage an International Equipment Leasing Programleaseaccelerator
This document summarizes a presentation on best practices for managing an international equipment leasing program. It discusses Cummins, Inc.'s experience with leasing equipment globally and the problems they faced prior to 2010, including not having centralized oversight and management of their international leasing activities. The presentation provides an overview of the types of equipment Cummins commonly leases worldwide and recommends best practices for multinational corporations to effectively manage international leasing programs.
This document provides an overview of Con Edison's Commercial and Industrial Energy Efficiency Program. The program offers rebates for equipment upgrades, custom incentives for energy efficiency projects, and co-funded energy studies. It benefits customers by reducing costs and carbon footprint. Eligible customers are Con Edison commercial or industrial customers. The program has a simple application process, uses XACT tools to estimate savings, and pays incentives within 4-6 weeks of completion. It is administered by Con Edison and Lockheed Martin and uses a network of market partners.
It is hardly true that financial inclusion gaps forced countries around the world to explore the potential of digital financial services and fintech companies allow leapfrogging of traditional brick-and-mortar banking services. As per the study conducted by the World Bank, access to affordable financial services is critical for poverty reduction and economic growth. At the macro level, countries with deeper, more developed financial systems can allocate capital and risks more efficiently and consequently enjoy higher economic growth and larger reductions in poverty and income inequality. At the micro level, financial inclusions—access to and use of basic financial services—can reduce poverty, increase resilience and improve the lives of the poor. Digital financial services bridge the financial inclusion gaps and enhance economic growth. Fueled by the explosive growth of mobile phones, digital financial services (DFS) leverage technology to offer new forms of financial accounts that provide secure options for storing, transferring, and accumulating money. Hence, digital financial services are becoming accessible and affordable to all individuals and businesses through digital financial channels which ultimately boosts financial inclusion.
The contribution of digital financial service in alleviating constraints to financial access is quite immense. The emergence of mobile money, platform eco systems and open application programming interfaces (APIs) uplifted the digital financial service at the global level and impacted the level of financial inclusion. Yet in many emerging economies today, the majority of individuals and small businesses lack access to even basic savings and credit products, which hinders economic growth and perpetuates poverty. Financial exclusion is at the forefront in the list of the challenges which inhibit the growth of many economies around the globe.
Digital financial services enable financial institutions to provide convenient self-service saving and credit products. Traditional saving and lending processes are being replaced by quick and painless digital processes and helps to enhance digital customer centric experience.
Looking the relevance of digital financial service to financial inclusion, the government of Ethiopia is undertaking digital transformation to boost the economy and the necessary regulations have been crafted to create conducive environment. As per the study conducted by national bank of Ethiopia, only 35% of the population is financially included and the remaining 65% of the population is excluded from financial service. Needless to mention, digital financial services would allow financial institutions to outreach financially excluded segments of the population. Increasing digital adoption, digital payment offerings, ease of regulation to attract new entrants, and a growing fintech community are the main drivers of digital transformation in Ethiopia.
Q1FY21 Heroes - QPT Overview and Workshop.pdfYasmineBoudhina
The document provides an overview of Dell's Sales Productivity Portal (SPP) and its key capabilities. SPP includes an Asset Dashboard for accessing customer asset data, a Quick Proposal Generator for creating customized proposals, and resources for business value assessments. The dashboard centralizes asset data from various sources to provide visibility. The generator allows configuring multi-product proposals with automatic calculations. Business value assessments help customers quantify the benefits of Dell solutions.
The "Asset Life Cycle, Cost Estimating and the CCRG (Cost Construction Reporting Guide 2005)" was an educational seminar provided as a joint panel offered through the Alberta Assessors Association in their 2015 annual conference. This learning opportunity was organized with the sole objective to share with the audience the best practices when reporting construction projects for property tax rendition purposes. We delved into the legal framework, the segregation of included versus excluded costs and the challenges Owners face while executing industrial projects.
This document provides an overview of asset life cycles, cost estimating, and the Capital Cost Reporting Guide (CCRG) used in Alberta for property tax assessments. It discusses the CCRG background and basic principles, common areas of dispute, owners' costs, and issues around what constitutes construction costs. The document also covers asset life cycle phases and expenditures over time, the project management team, transitioning costs to assessments, and abnormal cost claims under the CCRG.
Tamara M. Brocius has over 15 years of experience in banking, mortgage lending, and debt collections. She has extensive experience ensuring compliance with regulations such as OFAC, AML, KYC, and FDCPA. Her background includes roles in credit analysis, loan processing, underwriting, quality assurance, and document management.
The document discusses key concepts related to CECL (Current Expected Credit Loss), including:
- Initial measurement of allowance for credit losses which is deducted from financial assets and adjusted based on management's current expected credit loss estimates.
- CECL will create volatility in financial reporting due to changes in methods, models, and other factors that influence expected credit loss estimates.
- Proper segmentation of financial assets into risk-based pools is important for determining expected credit losses under CECL. Historical loss periods must also cover the contractual term of assets.
Preserve value and stabilize assets using Permit Place\'s Asset Advantage service. Send your portfolio\'s to us and we will research, report and in many cases, remediate the issues involving your portfolio.
We work on commercial and residential projects nationwide. Use the service the FDIC uses to discover the true value of what you have on your books.
The purpose of this webinar is to provide guidance in regards to understanding appraisals from a consumers perspective. Effective January 18, 2014, a new regulation regarding disclosure and delivery requirements for copies of appraisals and other written valuations under the CFPB and the Equal Opportunity Act (Regulation B) was issued. With this new rule comes the responsibility of loan officers and mortgage brokers/bankers to provide explanation of the appraisal and valuations developed in connection with an application for a loan to be secured by a first lien on a dwelling to the consumer.
1) The document discusses the development of customer defined service standards by XYZ Courier Service and other companies. It outlines factors like standardization, formal targets, and customer expectations that inform effective service standards.
2) Hard standards that can be counted like on-time delivery percentages are discussed as well as soft standards collected from customer feedback. Examples include standards set by Ford and a bank.
3) The process of developing customer defined standards involves identifying service sequences, translating customer expectations into behaviors, setting targets, tracking performance, and getting employee feedback to continuously update standards.
Software Professional Services Project ManagementChuck Crafton
This document discusses key aspects of software project management. It outlines some of the challenges project managers face, including managing technology, budgets, schedules, requirements, and client expectations. It identifies attributes of successful projects, such as effective planning, measurements, change management and communication. It also discusses factors that can lead to unsuccessful projects if not managed properly. Finally, it outlines some "sins" or pitfalls project managers should avoid, such as ignoring issues, fearing conflict, and not maintaining proper documentation and reporting. The overall message is that software project management requires diligence in planning, control, communication and addressing risks to help ensure project success.
The document provides an overview of key aspects of submitting an adequate incurred cost proposal (ICP). It discusses who needs to submit an ICP, what attributes make an ICP adequate, and consequences of inaccurate or late submissions. The presentation covers required schedules and information for an ICP, such as direct and indirect costs by contract, subcontractor information, and cumulative costs claimed and billed. It emphasizes starting preparation early, using the ICE model and DCAA checklist, and thoroughly reviewing all schedules.
Predictive Demand Planning at Huffy Bicycles - IBM Insight Conference - QueBI...QueBIT Consulting
Overview:
Huffy company overview
Huffy’s business challenge
QueBIT introduction
Solution architecture & overview
Predictive demand forecasting
UI walk-through
Benefits
Benefits:
Fully automated forecasts (no more Excel spreadsheets)
Flexible workflow (with accept/reject, etc.)
Data driven forecasts that include causal factors
Ability to accurately predict demand for new items (or new item/customer combinations)
Improved visibility of ATP/forecasts to prevent inventory short-falls
Forecast Value Add (FVA) KPIs that allow for tracking at lowest levels
Ability to feed forecast directly into financial planning (TM1)
Financial management is the constant process of tracking progress towards financial objectives and safeguarding the financial assets of an organization. Financial management is important to grantees and project sponsors administering federal programs for several reasons: it helps organizations budget for activities; it promotes sound and efficient operation of organizations and their programs; it serves the need for accountability to funding agencies and beneficiaries of the program(s); and it is required by law. This workshop will provide practical recommendations on managing program budgets by illustrating examples of best practices and financial tools needed to manage grants and contracts effectively.
The document provides information about Brian Wages, a tax credits and incentives specialist. It summarizes Brian's background, areas of expertise in tax credits, and contact information. It then provides summaries of cost segregation, R&D tax credits, and green energy incentives. Cost segregation allows identifying property costs that can be depreciated faster. R&D tax credits require qualified research activities. Green energy incentives include section 179D deductions and solar investment tax credits. The document aims to educate manufacturers on available tax savings opportunities.
The Governor's Budget Bill radically changed the rules for public construction work in Ohio. Those construction reform rules have just been finalized. At this seminar, our presenters covered everything you need to know about these sweeping changes and the legal and practical implications it holds for owners, contractors, and subcontractors involved in public construction work in the state. The topics discussed included:
• Alternative Contract Delivery Systems authorized, including Design-Build and Construction Manager At-Risk
• Changes to the Multiple-Prime Contractor System
• How to Compete in this New Environment
• New Rules for Bonding, Subcontracting, Prequalification and Best Value
This document discusses best practices for managing payments to subcontractors in order to minimize financial risk. It recommends establishing thorough corporate payment protocols, carefully reviewing project-specific requirements, evaluating payment applications based on field observations, being aware of warning signs of subcontractor distress, and encouraging communication across departments. Developing and adhering to standardized, consistent processes can help ensure timely, fair payments while protecting the company's interests and preventing costly defaults.
As construction costs soar, funding for multifamily affordable housing remains relatively stagnant. The result is that multifamily affordable housing developers are increasingly pinched, forced to find creative ways to reduce already-tight construction budgets. Too often this causes delays and adversely affects the quality of the end-product. Meanwhile, the factory-built modular housing market is growing more sophisticated and efficient. It is estimated that the average modular multifamily project can save anywhere from 5% to 10% of overall construction cost relative to a traditionally framed building, not to mention the time savings of up to 40%. Yet, to-date, the modular industry has primarily served market-rate developers. The fact is that there are a number of financing, logistical, and permitting challenges that make modular affordable housing more difficult to achieve than modular market rate housing. Addressing these challenges has the opportunity to increase the affordable housing pipeline and address the affordability crisis.
Learning Objectives:
1. Learn about the cost and time saving opportunities for affordable housing associated with prefabricated construction.
2. Learn how to navigate the regulatory hurdles associated with prefabrication.
3. Learn about design constraints and opportunities associated with prefabrication.
4. Learn how construction documentation techniques may vary for prefabrication.
Speakers:
Brad Leibin, AIA Associate, David Baker Architects
Sharon Christen Senior Housing Developer, Mercy Housing California
Larry Pace Chief Operating Officer, Factory OS, Founder and President, Cannon Constructors North
This session was hosted by the AIA Housing and Community Development Knowledge Community in partnership with the Open Architecture Collaborative on May 6th, 2019.
Data Validation Victories: Tips for Better Data QualitySafe Software
Get tips on improving data quality and standards compliance via success stories on data validation, including guest presenters from Colonial Pipeline and Global Information Systems. Sign up for this webinar and you'll receive the A's to your Q's on data QA (quality assurance).
How to Manage an International Equipment Leasing Programleaseaccelerator
This document summarizes a presentation on best practices for managing an international equipment leasing program. It discusses Cummins, Inc.'s experience with leasing equipment globally and the problems they faced prior to 2010, including not having centralized oversight and management of their international leasing activities. The presentation provides an overview of the types of equipment Cummins commonly leases worldwide and recommends best practices for multinational corporations to effectively manage international leasing programs.
This document provides an overview of Con Edison's Commercial and Industrial Energy Efficiency Program. The program offers rebates for equipment upgrades, custom incentives for energy efficiency projects, and co-funded energy studies. It benefits customers by reducing costs and carbon footprint. Eligible customers are Con Edison commercial or industrial customers. The program has a simple application process, uses XACT tools to estimate savings, and pays incentives within 4-6 weeks of completion. It is administered by Con Edison and Lockheed Martin and uses a network of market partners.
Similar to UAD and UCDP Compliance Webinar - Coester Appraisal Management Company (20)
A review of the growth of the Israel Genealogy Research Association Database Collection for the last 12 months. Our collection is now passed the 3 million mark and still growing. See which archives have contributed the most. See the different types of records we have, and which years have had records added. You can also see what we have for the future.
Executive Directors Chat Leveraging AI for Diversity, Equity, and InclusionTechSoup
Let’s explore the intersection of technology and equity in the final session of our DEI series. Discover how AI tools, like ChatGPT, can be used to support and enhance your nonprofit's DEI initiatives. Participants will gain insights into practical AI applications and get tips for leveraging technology to advance their DEI goals.
Strategies for Effective Upskilling is a presentation by Chinwendu Peace in a Your Skill Boost Masterclass organisation by the Excellence Foundation for South Sudan on 08th and 09th June 2024 from 1 PM to 3 PM on each day.
Walmart Business+ and Spark Good for Nonprofits.pdfTechSoup
"Learn about all the ways Walmart supports nonprofit organizations.
You will hear from Liz Willett, the Head of Nonprofits, and hear about what Walmart is doing to help nonprofits, including Walmart Business and Spark Good. Walmart Business+ is a new offer for nonprofits that offers discounts and also streamlines nonprofits order and expense tracking, saving time and money.
The webinar may also give some examples on how nonprofits can best leverage Walmart Business+.
The event will cover the following::
Walmart Business + (https://business.walmart.com/plus) is a new shopping experience for nonprofits, schools, and local business customers that connects an exclusive online shopping experience to stores. Benefits include free delivery and shipping, a 'Spend Analytics” feature, special discounts, deals and tax-exempt shopping.
Special TechSoup offer for a free 180 days membership, and up to $150 in discounts on eligible orders.
Spark Good (walmart.com/sparkgood) is a charitable platform that enables nonprofits to receive donations directly from customers and associates.
Answers about how you can do more with Walmart!"
LAND USE LAND COVER AND NDVI OF MIRZAPUR DISTRICT, UPRAHUL
This Dissertation explores the particular circumstances of Mirzapur, a region located in the
core of India. Mirzapur, with its varied terrains and abundant biodiversity, offers an optimal
environment for investigating the changes in vegetation cover dynamics. Our study utilizes
advanced technologies such as GIS (Geographic Information Systems) and Remote sensing to
analyze the transformations that have taken place over the course of a decade.
The complex relationship between human activities and the environment has been the focus
of extensive research and worry. As the global community grapples with swift urbanization,
population expansion, and economic progress, the effects on natural ecosystems are becoming
more evident. A crucial element of this impact is the alteration of vegetation cover, which plays a
significant role in maintaining the ecological equilibrium of our planet.Land serves as the foundation for all human activities and provides the necessary materials for
these activities. As the most crucial natural resource, its utilization by humans results in different
'Land uses,' which are determined by both human activities and the physical characteristics of the
land.
The utilization of land is impacted by human needs and environmental factors. In countries
like India, rapid population growth and the emphasis on extensive resource exploitation can lead
to significant land degradation, adversely affecting the region's land cover.
Therefore, human intervention has significantly influenced land use patterns over many
centuries, evolving its structure over time and space. In the present era, these changes have
accelerated due to factors such as agriculture and urbanization. Information regarding land use and
cover is essential for various planning and management tasks related to the Earth's surface,
providing crucial environmental data for scientific, resource management, policy purposes, and
diverse human activities.
Accurate understanding of land use and cover is imperative for the development planning
of any area. Consequently, a wide range of professionals, including earth system scientists, land
and water managers, and urban planners, are interested in obtaining data on land use and cover
changes, conversion trends, and other related patterns. The spatial dimensions of land use and
cover support policymakers and scientists in making well-informed decisions, as alterations in
these patterns indicate shifts in economic and social conditions. Monitoring such changes with the
help of Advanced technologies like Remote Sensing and Geographic Information Systems is
crucial for coordinated efforts across different administrative levels. Advanced technologies like
Remote Sensing and Geographic Information Systems
9
Changes in vegetation cover refer to variations in the distribution, composition, and overall
structure of plant communities across different temporal and spatial scales. These changes can
occur natural.
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UAD and UCDP Compliance Webinar - Coester Appraisal Management Company
1. GSEs New Appraisal Programs
Uniform Appraisal Dataset – UAD
Uniform Collateral Data Portal - UCDP
Presented by: Brian Coester and Jeff Jurin
2. Seminar Overview
Uniform Appraisal Dataset – UAD
• What is it
• Examples
• Business process
Uniform Collateral Data Portal – UCDP
• What is it
• Registration
• Players
• Business process
In-House or Outsource Solutions
• Out Source to AMC
• In-house considerations
Questions and Answers
4. When is a Period not a Period?
With the new UCDP and UAD screening you are
going to have to check EVERY "point" (or
punctuation 'period‘) on the appraisal report before
the final delivery to Fannie Mae.
The UAD does not use the customary 'period' after
abbreviations. So the old adage: "you must cross
your ‘t’s' and dotting your ’i’s’” is now "cross your
‘t’s’ and drop your periods."
5. When is a Period not a Period?
That little period is going to get your appraisal
rejected and you will not be able to close your loan
or deliver the file.
Note: That little 'period' comes into play when
recording dollar amounts. There is no more 'cents'
only whole dollar amounts allowed in “price” fields.
Therefore, that little period is going to get your
appraisal rejected. To remember this rule, think "It
makes 'sense' for ‘NO CENTS’.”
7. Background
• Fannie Mae and Freddie Mac have traditionally
only kept the appraised value and appraisal date
on a property profile.
• They wanted to capture “all” the data but realized
they had to standardize the way appraisal data is
reported to do so.
• The UCDP and UAD is the standardization of
appraisal data.
• Similar to DU and Loan Prospector
8. Changes over the past year
HVCC is Codified Reasonable No BPO on
abolished Appraisal & AMC UCDP And
purchases
Independence
and now with Dodd- Customary licensing backed by UAD
Dodd-Frank Frank and AIR fees Government
9. Key Acronyms
• Mortgage Industry Standards Maintenance
MISMO Organization
FHFA • Federal Housing Finance Agency
LQI • Loan Quality Initiative
CDD • Collateral Data Delivery
UMDP • Uniform Mortgage Data Portal
UAD • Uniform Appraisal Dataset
UCDP • Uniform Collateral Data Portal
SSR • Summary Submission Report
11. Key Dates (Cont’d)
• Appraisal report forms for all conventional
mortgages delivered to the GSEs on or after March
19, 2012, must be submitted to UCDP prior to the
delivery date of the mortgage if:
• The loan application is dated on or after December
1, 2011, and
• An appraisal report is required
12. What is Really Changing
• Forms (similar but slightly different)
• PDF Portability (First Generation Required)
• Standards in conditions, terms, and “form”
data
• Some logistics on how the appraisal is
handled
14. Forms (*Indicates UAD Forms)
Uniform Residential Appraisal Report
• (Fannie Mae 1004/Freddie Mac Form 70)*
Manufactured Home Appraisal Report
• (Fannie Mae 1004C/Freddie Mac Form 70B)
Small Residential Income Property Appraisal Report
• (Fannie Mae 1025/Freddie Mac Form 72)
Individual Condominium Unit Appraisal Report
• (Fannie Mae 1073/Freddie Mac Form 465)*
Exterior-Only Individual Condo Unit Appraisal Report
• (Fannie Mae 1075/Freddie Mac Form 466)*
Exterior-Only Inspection Residential Appraisal Report
• (Fannie Mae 2055/Freddie Mac Form 2055)*
15. What Will Change for Underwriters
• Code Review instead of type review, lots of
Acronyms to learn.
• Will have to rely on technology to ensure
appraisals are “technically” correct.
• What they are comparing to will be different in
the past.
• Will be a “Pass” or “Fail” type submission to
UCDP based on the Data Set.
16. Examples
• Site and Area
Areas less than one acre should be designated in
whole numbers only and square feet. For an area
greater than an acre, it must be measured in acres
and up to two decimals. The unit of measure should
be indicated as “sf” or “ac”.
Right: 23569 sf, 1.34 ac :: Wrong: 48,560 sf, 4 acres
17. Examples
• Date Formats: MM/DD/YYYY
Unless otherwise stated, date formats should be
entered as MM/DD/YYYY. In the case where only a
year format is required, like Tax Year, a 4 digit year is
required.
Right: 09/01/2011 :: Wrong: 9/1/2011 or 9/1/11
18. Examples
• Estimation of years: ~ Must proceed the estimation
When you can’t provide an exact age or year a property
was built through the normal course of business, an
estimate is acceptable. However, a tilde (~) has to
proceed estimates of age or year built.
Right: ~ 1948, ~ 42 :: Wrong: 1948 (estimate), est. 42
19. Key Abbreviations
Abbreviation Full Name Fields Where Abbreviation May Appear
Ac Acres Area, Site
AdjPrk Adjacent to Park Location
AdjPwr Adjacent to Power Location
Lines
A Adverse Location & View
ArmLth Arms Length Sale Sales of Financing Concessions
ba Bathrooms (s) Basement & Finished Rooms Below
Grade
Br Bedroom Basement & Finished Rooms Below
Grade
Cash Cash Sales or Financing Concessions
CtySky City View Skyline View View
CtyStr City Street View View
20. Definitions of Condition
• C1 – The improvements have been very recently constructed and have not
previously been occupied. The entire structure and all components are
new and the dwelling features no physical depreciation.*
• C2 – The improvements feature no deferred maintenance, little or no
physical depreciation, and require no repairs. Virtually all building
components are new or have been recently repaired, refinished, or
rehabilitated. All outdated components and finishes have been updated
and/or replaced with components that meet current standards. Dwellings
in this category either are almost new or have been recently completely
renovated and are similar in condition to new construction.
• C3 – The improvements are well maintained and feature limited physical
depreciation due to normal wear and tear. Some components, but not
every major building component, may be updated or recently rehabilitated.
The structure has been well maintained.
21. Definitions of Condition
• C4 – The improvements feature some minor deferred maintenance and
physical deterioration due to normal wear and tear. The dwelling has been
adequately maintained and requires only minimal repairs to building
components/mechanical systems and cosmetic repairs. All major building
components have been adequately maintained and are functionally adequate.
• C5 – The improvements feature obvious deferred maintenance and are in need
of some significant repairs. Some building components need
repairs, rehabilitation, or updating. The functional utility and overall livability is
somewhat diminished due to condition, but the dwelling remains useable and
functional as a residence.
• C6 – The improvements have substantial damage or deferred maintenance
with deficiencies or defects that are severe enough to affect the
safety, soundness, or structural integrity of the improvements. The
improvements are in need of substantial repairs and rehabilitation, including
many or most major components.
41. Accessing UCDP
• Either an XML data stream (output
from appraisal forms software) with
an embedded first-generation PDF
file or a first-generation PDF file
without the corresponding XML
data must be submitted to UCDP
• MISMO 3.0
• All XML files must include an
embedded PDF file that includes all
appraisal exhibits, addenda, and
photographs, including the Fannie
Mae Form 1004MC/Freddie Mac
Form 71.
42. Quality Control
• UCDP will go through a series of
checks, including a UAD
Compliance Check. Appraisals that
pass all checks will receive a
“Successful” status from UCDP
• All appraisals successfully uploaded
to UCDP will receive a Submission
Summary Report (SSR) for each GSE
submission.
• An appraisal must be submitted to
UCDP and receive a “Successful”
status on the SSR before the loan
is delivered to the GSE.
43. Cost
• If the appraisal is only
available in PDF format, as a
convenience to users, a
conversion tool will be
available in UCDP for a fee
(independently offered by
Veros Real Estate Solutions –
the technology vendor
supporting UCDP).
• There will be CLICK fees for
submitting a file
47. Accessing UCDP Cont’d
Lenders
Lender
Designated Agent
A lender agent is an entity that a lender authorizes to perform
functions within UCDP such as uploading appraisals and
evaluating results.
48. Registration Facts
Please note if your organization delivers loans to both
GSEs, the primary lender administrator must be the same
individual for both GSEs. The lender administrator is
responsible for:
• Establishing access to UCDP for the lender, confirming a
relationship to one or both GSEs, setting up their
organization’s profile, and adding additional users.
• Initiating the setup of other lender administrators in the
organization for the ongoing maintenance of UCDP access.
• Authorizing lender agents to submit appraisals on behalf
of their organization to UCDP.
51. Accessing UCDP
The 3 Types of UCDP Users:
1. Administrator: In order to use the portal, lenders must determine an appropriate administrator. If the lender
delivers appraisals to both Freddie and Fannie, then that administrator must be the same for both entities. This person
has authority by Freddie Mac and Fannie Mae to manage access of all users as well as submit files, upload corrected
files, review reports, and access personal user info.
2. Read-Only User: This user is selected by the Admin and focuses on the reporting aspects of the UCDP; ensuring
reports are getting through successfully. The Read-Only User has the ability to track the automated reports and access
his/her personal profile.
3. Lender Agent: The Lender Agent is an entity or user that has been authorized and invited to the UCDP by the
Administrator. This is where the appraisal management company (AMC) comes in. If a lender decides to forgo the
option to upload the appraisal report themselves, then their Lender Agent (typically their approved AMC) may have
direct access to the portal for uploading and re-uploading appraisal reports, as well as evaluating result
52. Appraisal Submission and Status Updates
Once the Administrator or Lender Agent uploads the appraisal report it will go
through a series of checks, including a UAD compliance check as well as an address
confirmation review. There are 4 different statuses that can occur after uploading
the appraisal file:
1. In Progress: Once the document is uploaded, the administrator will receive an
upload confirmation report that will most likely read “In Progress” due to the fact
that it may take some time for the UCDP to analyze the data file and render the
actual results.
2. Successful: The status will read “Successful” when the UCDP analysis is complete.
3. Not Successful: This means the UCDP encountered a fatal error resulting in failure
to process the appraisal data file. The user must override the error, If appropriate,
or submit a corrected appraisal data file.
4. Rejected: The most unfortunate of statuses, Rejected means the UCDP cannot nor
will it conduct further processing. This can happen for various reasons including
the submission of a duplicate file, the file size is too large, or the file format is
improper. The user must request and submit the corrected appraisal data file to
proceed.
55. Fannie Mae, Oct. 18 Update
The UCDP includes a UAD Compliance Check
that currently results in warning messages only
and does not affect the successful submission of
appraisals to the UCDP. Receiving UAD
Compliance Check warning messages in
connection with a “Successful” status in the
UCDP does not automatically render the
appraisal report unacceptable
56. Appraisal Submission and Status Updates
Overrides, From Unsuccessful to Successful
When “Not Successful” or “Rejected” the status can also be referred to
as a Hard Stop. A Hard Stop means that the report is rejected for errors
or non-compliance with submission requirements.
There are several options to cure the hard stop, depending on the
reason for it as provided by the GSE on the View/Edit page of the
UCDP portal. Here are the options:
1) The UCDP automatically approves an override.
2) The administrator can manually request an override, if available.
3) The Admin obtains and uploads a corrected appraisal data file.
57. Appraisal Submission and Status Updates
When the override is accepted, the status will change from Not
Successful to Successful. If it is denied, then a link will appear
requesting re-submission of the file.
In order to confirm delivery acceptance the Administrator must
receive a successful status message including a doc file ID number
which comes with the Submission Summary Report (aka SSR).
59. SSR - Storage
• SSR will have to be stored in the loan file
with the entire package.
• If you ever intend to sell the loan the SSR
should be received before closing.
• Some LOS will have the ability to store the
file.
• This is the “golden ticket” for the appraisal
60. Final Thoughts
UAD
• Accept the changes they have
already made
• The train has left the station
Lenders
• Solve the submission process UPFRONT
i.e. receive the appraisal in XML, MISMO
format from get go
• Run SSR upfront from get go
64. Outsourcing
• Some AMC’s will be ready for the UCDP and UAD Changes,
most will not.
• Trust but verify, they can not use a “manual review” for this
without charging much more.
• Want to know their “automated” review rules.
• If they have their own software you need to know where they
are getting their UCDP software reader from. (not doing it
themselves)
• Your going to set them up as a “Lender Agent”
• Work out logistics of handling these files with them upfront.
• They should handle the UCDP submission and revisions until
the file receives an SSR.
• You want a back up just in case they drop the ball or get
overwhelmed by this process.
65. In-House
• Vero’s - $4.50 per file to convert from PDF to MISMO
XML, you would upload the file form their.
• Mercury Network – Has ability to check the
appraisers file if the appraiser uses alamode and
embed the XML, you would upload from their.
• Will have to rely on appraisers to have a UAD Checker
in their software.
• Will have to have underwriters manually check every
file to ensure UCDP and UAD Compliance.
• Feedback reports will become your best friend.
• Will be a DU or Loan Prospector type function “pre
closing”
67. Company History
PAST PRESENT
• National Service Provider providing
• Founded in 1970 by Timothy valuation services in US, Puerto Rico
D. Coester. and Caribbean.
• Was trained and mentored by • Leading Provider of Appraisals,
industry legends David Lenhoff BPO’s, Reviews and Repurchase
and Donald Boucher both Rebuttals.
former President’s of the • First to introduce industry smart
Appraisal Institute. phone application and
salesforce.com cloud based
• Highly Respected consulting platform
style valuations.
68. Overview of Products and Services
• Residential and Commercial • Appraisal Management
Valuations Service
• Broker Price Opinion’s – Compliant with Dodd-
• Automated Valuation Model Frank and industry
(AVM) regulations
• Loan Repurchase Rebuttals – Licensed as AMC in
for Credit and Appraisal applicable states
Related – UCDP Review and
• Due Diligence on loan pools Delivery
• REO Valuation’s
69. Account Management
• All accounts are managed are assigned
to a dedicated account manager.
• Order desk which assigns, collects
payment and ensure order is placed
with proper appraiser .
• Account Managers the manage the file
from receipt to final completion and
are dedicated by client.
• Quality Control department handles all
QC requests and does
reviews, reconsiderations and
revisions.
• We have a team of specialist on staff
and under contact to at a moment
notice can handle almost every issue.
75. Quality Control Process
Initial Error Review – Vendor Upload
•UAD Error Review and USPAP 1,600 Point Auto Review
•Automated Check for Basic Information Errors
Manual Review For Quality – Staff Appraiser
•Staff appraiser reviews report line by line to ensure quality.
•Focus on comments, adjustments, sales info and lender comments.
Supplemental Info Review – AVM’s, MLS
•Reviewer pulls sales, listings, MLS data or runs AVM to verify value.
•Detailed notes are taken and submitted with the appraisal report to the client.
Guarantee of Value – Appraisal Inspector
•Additional Licensed staff or fee appraiser contacted to review file
•Information pulled to confirm then appraisal is conditioned before submission
•Not required for every file
82. Thank You
Thank you for attending
Brian C. Coester
Bcoester@coesterappraisals.com
Jeff Jurin
JJurin@coesterappraisals.com
www.coesterappraisals.com
Editor's Notes
----- Meeting Notes (8/18/11 08:54) -----Pass off to Brian
----- Meeting Notes (8/18/11 08:56) -----Pass to Jeff