| Appraisal Requirements – New Rules and Developments |
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Recorded Wednesday, November 12th, 2008
The valuation process in real estate loans is one of the areas targeted as partly responsible for the current subprime mortgage mess. As a result, there have been several developments in the regulatory process that lenders must be aware of. Independence of the appraisal process is critically important, plus Fannie Mae and Freddie Mac have entered into agreements with the New York AG’s Office, putting a jump on new regulation. Do you know the requirements? This webinar will address all these developments, plus provide a sound basis in the history and current state of appraisal regulatory requirements. |
| Covered Topics Include: |
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| Who Should Attend |
| Real estate lenders, compliance officers, auditors, underwriters, appraisers (in-house or external), closing agents, management, and anyone else involved in the real estate or residential lending process with a need to understand the current state of appraisal regulation and requirements. |
| The Presenter |
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Carl Pry is a Certified Regulatory Compliance Manager (CRCM) and Certified Risk Professional (CRP) who works in Lending Compliance for a large financial institution in Ohio. Prior to this, Carl was a manager in the Finance & Performance Management service line for Accenture. Through his working career, as well as through his experience as a banking attorney and officer, he has provided a variety of regulatory compliance and financial performance services to financial institutions and other clients throughout the country. He has written extensively regarding consumer and commercial compliance, tax, audit, and financial institution legal issues, and currently serves on the Editorial Advisory Board for the ABA Bank Compliance magazine. He has spoken at dozens of banking, compliance, and state bar associations, and has conducted training sessions for financial institutions across the country. |