Short-Term Rentals, Non-QMs, and the Art of Saying Just Enough

A major acquisition, a fast-growing corner of the lending world, and a reality check on commentary in UAD 3.6.

Today, Hal and Jim sit down with Bill Waltenbaugh, Chief Appraiser at Nationwide Appraisal Network (now part of Stewart Valuation Intelligence), to unpack what this new chapter means for both appraisers and their clients. From the nuances of non-QM and private money lending, to the role of specialized forms like short-term rental reports, Bill offers a behind-the-scenes look at a segment of the industry that plays by a different rulebook.

They also tackle the looming impact of UAD 3.6, and whether everyone will actually follow the script. Plus, they have a practical conversation on appraisal commentary: how to state what you need to, without saying too much.

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