Appraisal & Evaluation Guidelines
This program will update bankers on appraisal guidelines, requirements and best practices from a community bank perspective, including new Dodd Frank Act appraisal requirements.
Effective December 2, 2010, banking regulators at last finalized new guidelines intended to enhance the requirements for collateral valuation methods for transactions that permit use of an evaluation, and to clarify expectations for real estate appraisals. This program will update bankers on requirements and best practices with regard to real estate appraisals and evaluations.
The appraisal regulation is primarily about safety and soundness, which makes a banker’s approach to compliance different from almost any other regulation. Handout material will include information needed to understand and effectively deal with requirements unique for your bank, including checkllists, forms and regulator pronouncements.
The guidelines will be discussed primarily with regard to the needs of community banks. New demands and requirements will be presented that must take into account and recognize a bank’s appreciation and conformance with:
- Sound collateral valuation (appraisal) practices that are an integral part of the loan underwriting process;
- New, updated regulator guidance including developments with regard to appraisal and evaluation requirements;
- Requirements for collateral evaluations (loans < $250,000). Methods (such as a broker’s opinion) that do not provide a property’s market value;
- Use of Automated Valuation Models;
- New stricter Dodd Frank Act appraisal requirements for higher-cost mortgages;
- Necessity, scope and content of adequate valuation documentation to support the decision to lend; and
- Appraisal and Evaluation standards, development and reports
All bankers involved in real estate lending and/or administration.
Bob Ullom, a CPA and nationally known banking educator, brings over 30 years lending and bank management experience to his lively sessions which maximize student involvement and learning by encouraging participation and interaction. As founding President/CEO of two start-up banks, Bob led both banks to profitable, sound status. He currently provides training on a nationwide basis in more than 35 states.
Institute of Certified Bankers: Visit aba.com/icb/membercereview for instructions regarding self-reporting. Estimated credits: 2.5 hours CRCM/CLBB.
Member price: $265.00 | Non member price $530.00
Member price: $280.00 | Non member price $560.00
Online: Visit the CBA Webinar Catalog
Mail: Click here and mail completed form with check payable to ConferenceEdge to: (Mail at least 10 days prior to event)
4434 W. 29th St., Denver, CO 80212
Phone: Call ConferenceEdge at (877) 988-7526 (credit card payments only)
- Preferred Payment Method: Online
- Please register online or by phone when paying with a credit card
- Payment Must Accompany Registration – Invoices are Not Provided
Register online up to day of event. Earlier registration allows time to check your computer for an optimal experience.