Will Regulators Like That Appraisal Report?

        "Let's Review It Before They Do"

 

September 2, 2010

Wynfrey Hotel

1000 Riverchase Galleria

Birmingham, AL  35244

For directions please click here

 

Registration

$295/member $395/nonmember 

Your registration fee includes instruction, materials, continental breakfast and refreshments.

 

Click here to register

(If you do not have a login and password for our registration section please call our office

at 1-800-239-7338)

 

The following link contains detailed instructions for MyCBAA's members only registration process.

 

MyCBAA Online Registration Instructions

 

9:00 a.m. - 3:00 p.m.

Registration begins at 8:30 a.m.

 

Speaker - Jeffery Johnson

 

Seminar Overview

 

The major regulatory agencies have increased their expectations of banks in their review of real estate appraisals. With the soft real estate market, particularly in the residential sector, understanding the requirements of the appraisal process and the appraisal itself is paramount. The appraisal review checklist provides a good start for the appraisal review process but it should not end there. Now, banks are expected to review appraisals thoroughly and question the assumptions contained therein when necessary. This seminar focuses on the regulatory requirements regarding the review of appraisals on single family dwellings and commercial property appraisals in addition to the documentation required to prove that a thorough review has been conducted. It will also focus on who banks should qualify to conduct appraisal reviews on their behalf. This has been an area of criticism by the regulators and a concern for bankers.

 

Seminar Topics:

 

The specific areas to be covered during this session include:

• Review of the interagency policy on appraisal and evaluation standards
• Review of regulatory appraisal review requirements and current expectations
• Review of the major provisions under the Uniform Standards of Professional Appraisal Practice (“USPAP”)

 

For Residential Appraisals, the session will cover:

• Areas of the appraisal to review
• Secondary Market Expectations
• Common problems found in these types of appraisals

 

For Commercial Appraisals, the session will cover:

• Approaches to Value
• The proper use of Comparables
• The proper use of Capitalization and Discount
• Principles employed to adjust values
• Important items to look for in the appraisals

 

At the end of this session, the participant should have a better understanding of the expectations and requirements of the regulatory community as it relates to the appraisal review process and achieve a proven technique of reviewing an appraisal to determine its acceptability.

 

Who Should Attend

 

CEOs, loan officers, loan review officers, credit analysts, loan operations personnel, bank appraisal officers, special assets officers and any other bank personnel needing to understand appraisals.

 

More Information

Dress for the seminar is business casual.  To ensure your comfort, please bring a jacket or sweater.  If you need additional information please contact Debbie Pharr at 334-244-9456 or email dpharr@cbaaonline.com.  Location is subject to change.  We will notify you if a change is made after your registration. 

 

Cancellation Policy

There will be a $50.00 fee for any cancellation.