Understanding the Role of Collateral Underwriter
Wednesday, June 25th, 2025
10AM – 2PM Central Time
$119.95
COURSE APPROVAL INFORMATION
AL – Course #C03094
AZ – Course #256
AR – Course #AE065
CA – Course #2510501080
CO – Course #2855
CT – Course #AAL.001393
DE – Course #REA-AC-041525-111373
FL – Course #3969
GA – Course #78436
HI – PENDING
ID – Course #1586492
IL – Course #575.010797
IN – PENDING
*IA – Accepts
KS – Course #640.C25.N
KY – APPROVED
LA – Course #A0067
MD – APPROVED
MA – Course #1360059
MI – Course #20–1289216
MN – Course #1038675
MS – Course #50664
MO – APPROVED
*MT – Accepts
NE – Course #2253411.33
NV – PENDING
NH – APPROVED
NJ – Course 2025-205
NM – PENDING
NY – Course #A5906-04
NC – Course #4731
*ND – Accepts
OH – Course #Q04503003A 25
OK – Course #748
OR – Course #APEL-C-0325-0096
PA – Course #AA0006219700
RI – Course #REA.0002345-CE
SC – Course #CE2285
TN – Course #2902
TX – Course #52127
UT – Course #AC250319
VA – APPROVED
WA – Course #A25008885
WV – APPROVED
WI – Course #20-1289223
WY – Course #250326163125
Pending approval in many states!
*States with an asterisk will accept CE which is approved in the state where it is being taught.
If you don’t see your state listed, CLICK HERE to send an email to our education director, Ben Maxwell, and request approval or ask questions.
Course Description
Ever wondered how Collateral Underwriter evaluates your URAR 1004? Where do those curious requests and comments come from suggesting alternative comparable sales? Or, how your condition and quality ratings are disputed? Is C/U used for sending your appraisal to your State Board? This class will help demystify what generates these and other C/U requests and by doing so, decrease revisions in your day to day appraisal business.
In this class, students will be exposed to the Collateral Underwriting program and be able to better understand the origin, history and basic concepts of the Collateral underwriting (C/U) program and process. In varying segments, the C/U process and system of automated review will be examined. This will lead the appraiser to be better prepared when completing the URAR 1004 mortgage appraisal and process. A better understanding of guidelines, explanations and rationales will result in a more comprehensive and a higher review score is hoped as the result.
Also, we will discuss the recently implemented Loan Collateral Advisor by Freddie Mac and its goal to identify “potential words and phrases” in appraisal reports that suggest bias.
What you’ll gain:
• Insider Insights: Explore the inner workings of the CU algorithm and how it impacts property valuations.
• Practical Applications: Learn how to interpret CU findings and optimize your appraisal reports.
• Expert Guidance: Benefit from industry experts who will share real-world examples and best practices.
• Q&A Sessions: Get answers to your burning questions directly from our knowledgeable instructors.
Course Policies
Refund/Cancellation/Transfer Policy:
- Refund requests must be made at least 24 hours prior to the start of class. Cancellation must be in writing. No refunds will be given within 24 hours of class start.
- If you register within 24 hours of Class Start, you will only be eligible for a transfer. This transfer credit expires 30 days after the original class date. After this 30 day period, we are unable to issue a transfer, and you will forfeit the class cost.
CE Requirements/Attendance Policy:
- The class is offered via Zoom Meeting.
- Computer audio/video, reliable internet connection, and 100% attendance are required for CE credit.
- We must be able to see and hear your camera, and driving or riding in a car is not allowed during class. These are state requirements for CE.
Software/System Requirements:
Class is offered via Zoom Meeting.
- If you’re new to Zoom, the links below may be helpful:
- Click the following link to download Zoom: https://
zoom.us/download - Click the following link to launch a Zoom Test Meeting: https://zoom.us/test
- Click the following link to download Zoom: https://
Reminders:
-
*KNOW YOUR TIME ZONE: We’re on CENTRAL TIME; classstarts at 10AM CT sharp each day!
If you are on Pacific Time, Class is 8am-11:30am PT (doors open at7am).
If you are on Mountain Time, Class is 9am-12:30pm MT (doors open at8am).
If you are on Central Time, Class is 10am-1:30pm CT (doors open at9am).
If you are on Eastern Time,Class is 11am-2:30pm ET (doors open at 10am).
Everything you need to know about our live virtual class offerings via Zoom
How do I register?
- Add any live-zoom course(s) to your cart and proceed to checkout.
- IMPORTANT: Be sure to provide the correct state and license number information during checkout, as this will be automatically pulled into our system for your completion certificate and reporting to your state.
- Once purchased, you’ll be automatically registered for the Zoom class meeting and you will receive a receipt via email.
What happens once I purchase?
- You will receive a confirmation email with your JOIN MEETING link (save this! This is the link you will click to join the zoom class meeting on Class Day.)
- If this is your first purchase with us, you will also receive an email with your Student Login Credentials, which give you access to your Student Account; Your student account is where you will access any online courses or completion certificates.
- If your Zoom Class comes with Course materials, they will be made available in your student account and also emailed to you in reminder emails (see “What to expect on class day.” below)
- If you don’t see your confirmation email (and you’ve checked your spam folder), just email us (we make typos too, and we’re happy to help).
- We highly recommend you download zoom for an even better in-class experience.
- You’ll receive reminder emails the day before and the morning of class. (NOTE: If you register within 24 hours of class start time, you might not receive reminder emails.)
- Be sure to click the Zoom meeting link and join the meeting 30 minutes before class start time, so we can get you checked in.
What do I need prior to class?
- Check your time zone! All classes are listed in CENTRAL TIME, so adjust your calendar accordingly. Our reminder emails the day before and the morning of class will list the correct times for all time zones, for reference.
- Download any course materials. You can find all appropriate documents for your course under “My Courses” in your student account.
- If you are taking a USPAP update course, have the current USPAP publication on hand.
- It is required that you keep your camera on for the duration of the class. Be sure to have a device with a working webcam, audio, and microphone, as well as good internet access.
Use the Zoom meeting link to join the class 30 minutes before class start time, so we can get you checked in.
Where is my link to join class?
- You should have received a confirmation email immediately after purchase, as well as reminder emails the day before and the morning of class. Your Zoom link to join class can be found in any of those emails.
- Be sure to check your spam folder if it is not in your inbox.
What should I expect on class day?
- Remember to use the Zoom meeting link to join class at least 30 minutes before the official start time, so we can get you checked in.
- Zoom Confirmation Emails (how you join the class): We will resend everyone’s Zoom confirmation emails 1 hour prior to class start
- Class Reminder emails with handouts (if any) and reminders: We send reminder emails on the day before and the day of class (unless class falls on a Monday or Friday; we don’t work weekends)
- Reminder emails will include: Any class handouts (if applicable), important expectations and requirements; REMINDERS ABOUT KNOWING YOUR TIME ZONE (we’re on Central Time); and student support / instructor contact information.
- Remember: you must be present with your camera on 100% of the class time. (This is a state requirement, not ours. We cannot make exceptions.)
What is your refund/cancellation Policy if I have to miss the class?
- Refunds require a 24-hour written notice.
- BUT if you miss class and forget to notify us, no worries! Just reach out to our team, and we’re happy to transfer you to a later class.
- We can only provide one transfer, so if you miss the second class, you will not have the option for a transfer and will forfeit the purchase cost.
What’s required for CE credit?
- You must be present with your camera on for the duration of class. (This is a state requirement, not ours. We cannot make exceptions.)
- You must be visible and prepared to answer instructor questions (please do not drive, work on other tasks, walk your dog, or anything else that might be distracting to the class).
- If you have an emergency or are otherwise prevented from being present and visible on camera, please contact one of the class moderators.
What features should I be aware of on the Zoom platform?
- Chat Feature
- Raise Hand Feature (alt + Y is the keyboard shortcut, or click the Reactions button)
- Mute/Unmute & Stop Video (you should only turn cameras off when on breaks)
- In addition to the live instructor, we’ll have a team member available to help everything run smoothly during class.
What happens after class ends?
- Ben Maxwell, our Education Director, will email a Course Evaluation link to all students immediately after class.
- Once you complete the evaluation, you’ll receive an emailed certificate from our LMS. Please keep in mind that failure to complete this survey will delay your certificate (it is REQUIRED).
- If you have any issues with the automated certificate, just reply to Ben’s Course Evaluation email and request a PDF copy.
- If you’re in a state that requires the provider to report on your behalf, we will report your CE after class. Please give us 24 hours to do so. (States in which we report on your behalf include: FL, GA, IL, NC, NV, OH, SC, TX, and UT.)
- If you have any questions, the instructor and class moderator will stick around for a few minutes after class ends.
How can I reach out if I still have questions?
- Feel free to reach out to our team Monday – Friday from 9:00 AM to 5:00 PM CST. Call us at (615) 965-5705 or email us at support@appraiserelearning.com | support@agentelearning.com
Course Author
Martin Wagar
Martin J. Wagar has been a real estate appraisal professional since 1974. He’s certified in Michigan & Florida, holds a Michigan real estate broker’s license, and is a REALTOR® emeritus. Martin has an IFA-s designation through the National Association of Independent Fee Appraisers and an RAA designation through the National Association of Realtors®.
In 2009, Martin founded the AMC Midwest Appraisal Management Group. After retiring in 2014, he helped bring the entire appraisal process “in house” for a large mortgage company overseeing appraisal quality control and regulatory compliance in 14 states. As president of Wagar & Associates, Martin provides consulting service and is a nationally recognized expert on appraising, appraisal regulations, and compliance.
