For at least 25 years, bankers have worked under multiple sets of rules and guidelines concerning the ordering and reviewing of appraisals. Appraisers have worked under the Uniform Standards of Appraisal Practice (USPAP) for even longer. This program provides a concise overview of the various rules and guidelines, plus key nuances that have created differences among the approaches taken by banks and endorsed or supported by their regulators. Because they are guidelines, not regulations with absolute deadlines, there is discretion in how regulators apply various features. Do you know the key factors that drive the discretion? What are some tips and traps in handling review outcomes? Can your bank have different levels or types of reviews for commercial properties? What key factors drive how to set the different levels?
Who should attend
CRE lenders, commercial lenders, private bankers, small business lenders, credit analysts, portfolio managers, assistant relationship managers, consumer and mortgage lenders, loan review specialists, special assets officers, lending managers, credit officers and CRE support personnel.
"Informative Class with a great speaker." -- Jill Tetrault, Kennebunk Savings Bank
"Very useful information to allow the Bank to update appraisal review process and procedures to be more risk based." -- Beverly Fortner, Texas Champion Bank
Recommended for 2.5 CEU Credit Hours. After attending this webinar, each attendee can receive a Certificate of Attendance for self-reporting of CEU Credits.