$305.00 – $705.00
Recorded: December 22, 2022
Presented by: Ms. Anetria Cohen, Director, FORVIS, LLP
A three-hour remote seminar on issues related to the Appraisal Regulations and Interagency Guidance and recent revisions.
Obtaining and reviewing appraisals is an integral part of the lending process. Although there are several rules that regard appraisals, of fundamental and primary importance are the Appraisal Regulations, and corresponding Interagency Guidance on Appraisals and Evaluations. These rules provide a foundation that should establish: (1) the independence of the appraiser; and (2) when an appraisal is required. These rules, particularly the exemptions from the appraisal requirements were revised in the past few years, including the commercial and residential threshold revisions.
A comprehensive internal program must be established to ensure appropriate lending staff understand and comply with this important regulation. The seminar will review other matters impacting appraisal programs, including Regulation Z and ECOA/Regulation B.
This three-hour remote seminar will review compliance requirements in the Interagency Appraisal and Evaluation Guidelines, which discusses expanded standards for selecting appraisers, ordering appraisals, accepting transferred appraisals, content of evaluations and other related topics.
HERE IS WHAT YOU WILL LEARN:
This webinar will be of value to anyone involved in ordering or reviewing appraisals, or charged with overseeing compliance with the appraisal regulations and internal loan policies, including lending officers, compliance officers, loan administration, loan review and internal audit personnel.
Program Level: Basic to Intermediate
Prerequisite/Advanced Preparation: Basic Knowledge of Lending Regulations
Field of Study: Specialized Knowledge
Any recording, transmission, retransmission, or republishing of any portion of this webinar is prohibited.