ACI Announces USPAP Webinars for Appraisal Software Users

Training sessions cover variety of important changes to appraisal industry regulations

Palm Coast, Fla., March 7, 2012 — ACI, a leading provider of real estate appraisal software and innovator in valuation technology for the mortgage industry, announced today that it is offering a series of webinars on the Uniform Standards of Professional Appraisal Practice (USPAP) that provides a valuable educational opportunity for appraisers. The series covers several of the recent USPAP 2012 revisions.

“We understand that many appraisers have questions about the updated USPAP requirements and specifically how the changes will affect their work,” said George Opelka, senior vice president at ACI. “An important part of our service is providing ACI appraisal software users with top-notch training so they are better equipped to succeed in the profession. With that said, we’ve invested in subject matter experts to educate ACI appraisers on the industry regulation changes.”

Both Richard Heyn, SRA, and Dawn Molitor-Gennrich, SRA, are USPAP instructors certified by the Appraiser Qualifications Board (AQB). They are the developers and presenters of the four-part series. ACI will offer the USPAP webinar series through April. It will cover the following topics: 

  • the revised USPAP definitions
  • the difference between exposure time and marketing time
  • the new record-keeping rule
  • the expanded obligation to disclose prior services and relevant USPAP obligations when performing valuation services outside the real estate appraisal industry 

According to Richard Heyn, “ACI is offering a valuable webinar series, and it’s a great opportunity for clients to understand the rationale and application of the changes to their real estate appraisal software. Our intent is to help ACI software users easily adapt their practice and maintain USPAP compliance.”

About ACI
ACI, a pioneer in crafting technology solutions for the real estate appraisal software and mortgage valuation communities, has gained industrywide recognition and support from leaders in the field. ACI’s highly scalable appraisal software solutions are tailored to the needs of the organizations ACI serves. The ACI client base features many of North America’s premier lenders, national appraisal companies, and real estate brokerage firms. From connecting appraisers nationwide to streamlining quality control, ACI enables organizations to process appraisals and manage exceptions in a consistent and efficient manner. Headquartered in Palm Coast, Florida, ACI ( www.aciweb.com) is a division of Verisk Analytics (Nasdaq:VRSK).

Release: Immediate

Contact:

George Opelka
Senior Vice President, ACI
1-800-234-8727
gopelka@aciweb.com

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