Managing the New Appraisal
Guidelines for Residential Property
WEBINAR OR ON-DEMAND WEB LINK
(LINK INCLUDES FREE CD ROM)

Thursday,
January 5, 2012

12:00 pm - 1:30 pm Pacific
1:00 pm - 2:30 pm Mountain
2:00 pm - 3:30 pm Central
3:00 pm - 4:30 pm Eastern

Meet the Presenter

Ann Brode, Brode Consulting Services, Inc.

CLICK HERE TO LEARN MORE ABOUT YOUR REGISTRATION OPTIONS

Regulation Z and Appraisal Standards have brought changes in appraisal rules and requirements from every angle – from the new appraisal format, to higher-risk loan appraisals, to evaluation requirements. Financial institutions have experienced a “special focus” by examiners during recent regulatory exams involving appraisal compliance and appraisal review. How will your credit union fare with this enhanced focus? Regulators expect comprehensive training for whoever is responsible for appraisal review. This “must attend” webinar will ensure your appraisal procedures are up-to-date and will pass muster with examiners. Plus you’ll be provided with a “Cliff’s Notes” version of the appraisal format changes.

HIGHLIGHTS010512cu.jpg

  • Requirements for automated valuation models, tax valuations, and broker price opinions
  • Appraisal rules regarding higher-risk mortgages
  • Guidelines for “reasonable and customary fees” and what this entails for your procedures
  • Easy reference guide for the new appraisal format
  • Appraisal review process expected by the examiners
  • Sample appraisal review checklist for residential property that will include the old and new rules

NOTE: The handouts will be provided in MS Word so that sample documents and language can be easily incorporated into your own policies and procedures.

WHO SHOULD ATTEND?

This informative session is designed for compliance officers, auditors, and anyone in the lending area.