Webinar: Interagency Appraisal & Evaluation Guidelines, Including New Requirements Effective Jan. 18, 2014

Start: 3:00 pm
End: 4:30 pm
Event Days: 07/18/2013 - 07/18/2013

Financial regulators are reviewing your credit union's real estate appraisal practices for compliance with regulatory guidance statements and regulations. They expect management to have developed an appraisal and evaluation policy that provides guidelines for obtaining appropriate valuation documents, including ordering and reviewing the documents; ongoing monitoring of market values in your lending area; and obtaining updated or new valuation documents as required by guidance statements and/or regulations. Additionally, you must prepare for required changes to appraisal process for higher-priced mortgage loans, effective Jan. 18, 2014.

This webinar will address each of these issues, as well as appraisal weaknesses that financial regulators have cited in legal documents filed against failed financial institutions.

About This Session:     

This webinar will cover the following topics:

  • Adequacy of your current program
  • Upcoming required changes
  • Collateral valuation requirements
  • TAKE-AWAY TOOLKIT with an electronic training log and a staff quiz/answer key

Who Should Participate:

Senior management, including CEOs, CFOs, treasurers, risk managers, auditors, loan review personnel, loan officers and anyone responsible for analyzing and documenting real estate loan transactions

About the Presenter:

S. Wayne Linder, Senior Consultant, Young & Associates, Inc.

A 30-year banking veteran, S. Wayne Linder was formerly the CEO of a community bank. At Young & Associates, Inc., Linder works as a lending and management consultant. He performs loan reviews, fair lending reviews and regulatory compliance audits. He also facilitates strategic planning retreats; assists financial institutions under regulatory enforcement agreements; performs management and board of director assessments; and develops and implements written policies throughout all areas of the financial institution.