A countdown timer at Appraisal Unlimited, a nationwide appraisal management group, indicates 26 Days (as of 8/5/11) until the new UAD rules take effect for conventional mortgage loans through Fannie Mae, Freddie Mac, and Ginnie Mae (e.g. most home loans). The company says the 26 days can make it seem like you have more time than you do, however. “It’s only 18 business days from now. If you’re not ready, you’re not ready.” The article explains the rollout, requirements, and what mortgage brokers can do to ensure appraisals meet requirements, and don’t hold up the loan or get their loan office flagged.
It’s less than 36 hours until the UAD Deadline for mortgage loan offices and appraisers, as part of the new UMDP standards. This checklist is a suggestion for what loan officers and mortgage brokers need to do to get their offices ready, if they haven’t done these things.
We’ve reached the 30-day mark on UMDP / UAD regulations for appraisals and mortgage loan data submitted to Fannie Mae, Freddie Mac, & Ginnie Mae. This article covers all 3 deadlines, requirements, suggestions, and does it with verve and fun.
“Unveiled by EMT at the AES convention in 1976 and inducted into the TECHall of Fame in 2007, the EMT 250 was the first digital reverberation deviceto create ambience through a purely electronic system. With its single reverbprogram and iconic lever-driven control surface, the EMT 250 is still an indispensabletool within the record-making elite and is widely considered one ofthe best-sounding reverbs ever made. Although only around 250 were built,the EMT 250 has made an immeasurable impact on record making history inthe hands of studio legends like George Massenburg, Bruce Swedien, AllenSides and many others. Captured from Allen Sides’ unit at Ocean Way Recording,endorsed by EMT Studiotechnik GmbH in Germany, and re-engineeredfor plug-in use by EMT 250 creator Dr. Barry Blesser from his originaldocumentation, the UAD version of the EMT 250 goes beyond emulation andis the very same algorithm found in the original units—for a fraction of its original$25,000 price!Besides the coveted reverb program, the EMT 250 for UAD provides the fiveadditional effects (Delay, Phasing, Chorus, Echo and Space) also included inthe original unit. Lighted pushbuttons select the desired program, while fourclick-stop levers provide the primary reverb parameters of delay time, predelay,and high and low Filtering. LED ladders provide additional visual reinforcementof program selection and parameter positioning. Like the hardware,the plug-in operates in “quad,” with two discrete stereo output pairsaccessed through the added front/rear output switch. Additional “digitalonly” features include dry/wet mix, wet solo, reduced noise (if desired), andhard bypass via the EMT power icon.” I’m a huge fan of UAD plugins and will do an in-depth review of the EMT 250 showing actual use on a mix in the very near future. http://www.uaudio.com/store/reverbs/emt-250.html
Although I have only ever used virtual versions of this compressor, I’m pretty sure I would love the hardware unit even more. Whether I use either UAD 1176LN/SE, TC Powercore’s 247C version (which is nice as it has the sidechain option) or even some Nebula versions (which are not that ‘editable’ but in whichever setting you can use have a very good sound), the 1176 always does what I want it to if I mess around long enough.
Since I got my UAD-2 I’ve been trying to use it’s LA-2A and Fairchild emulations a bit, but I always end up using 1176’s for a majority of my stuff. Pushing a 909 kick through one hard just never gets boring to me :D.