ACI Educates Appraisers with E-learning Series on USPAP Revisions

Valuation e-learning classes highlight new compliance requirements.

PALM COAST, Fla., January 22, 2014 — ACI, a leading innovator in technology to the mortgage valuation industry, announced an e-learning series on the 2014–2015 Uniform Standards of Professional Appraisal Practice (USPAP). The online classes provide valuable educational opportunities for appraisers and industry professionals alike and were developed in response to the January 1, 2014, USPAP revisions.

Richard Heyn, SRA, and Dawn Molitor-Gennrich, SRA — both certified as USPAP instructors by the Appraiser Qualifications Board (AQB) — are the developers and presenters of the three-part e-learning series. The USPAP-specific sessions cover the rationale and revisions to the Definitions, Preamble, Ethics and Competency Rules, Standards Rule 3–5, reporting option changes in Standard 2, and revisions to the accompanying Advisory Opinions. The series will start in January and run through May.

“We recognize that appraisal professionals have specific questions concerning the updated USPAP requirements and how those changes affect their appraisal and review assignments,” said George Opelka, senior vice president at ACI. “We continue to invest in training, education, and strategic relationships to ensure that ACI appraisers have access to the best technical and knowledge resources available.”

“The primary objective here is to help ACI clients easily adapt their practice and maintain USPAP compliance,” said Richard Heyn. “Given the webinar’s live format, no two sessions are exactly the same, so we encourage ACI users to attend as often as they find helpful.”

For more information or to register for an upcoming USPAP e-learning session, please visit http://www.aciweb.com/uspap-webinars/. In addition to the web series, on June 23, 2014, ACI will present a live seven-hour USPAP update course for FREE (course material not included) at Valuation Expo 2014 in Las Vegas. ACI’s AQB-certified USPAP instructors Richard Heyn, SRA, and Dawn Molitor-Gennrich, SRA, will teach the update course. All Valuation Expo registrants are eligible to attend. Continuing education credit for the seven-hour update course is dependent on the state in which an appraiser is licensed. Please visit http://www.valuationexpo.com/register for details and registration information.

About ACI
ACI, a pioneer in crafting technology solutions for the mortgage valuation community, has gained industrywide recognition and support from leaders in the field. ACI’s highly scalable appraisal 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 Verisk Analytics (Nasdaq:VRSK) company.

Release: Immediate

Contact:

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