Skip to content
Skip Top Navigation

Meetings & Events

Search events. View events.
 

Commerce

Please note participating agencies in the drop-down menu. Please use the Help button to the right for any assistance while using the Calendar.

Click for help in using calendar displays. Print the contents of the current screen.

Advanced Search

(New Search)
  From:
  To:



Submit
Event Details
Add this event to my personal calendar.
Go Back
Dealing with Appraisals: Regulations and Requirements webinar
Start Date: 2/23/2018Start Time: 10:00 AM
End Date: 2/23/2018End Time: 12:00 PM
Event Description:
he past few years have seen significant developments in real estate appraisals and evaluation rules and regulations. Revised Interagency Guidelines and new rules under Reg Z have been issued, and we've seen additional requirements finalized recently due to Dodd-Frank. In some cases (called "flipping transactions"), lenders will even have to obtain two appraisals on the same property for one loan.

Because breakdowns in appraisal practices have been partly blamed for the mortgage crisis, regulators have raised their expectations; lenders' appraisal and evaluation programs must include more elements than ever before. Some themes now emphasized by the agencies are independence of the appraiser, and evaluator, reviews, and qualifications.

There are also restrictions against using AVMs (automated valuation models), BPOs (broker price opinions), and tax valuations that have upset many in the industry.

Do you know the requirements? We'll provide in-depth details of the appraisal and valuation process, from both the lender and appraiser side of the game, to provide a thorough understanding of what is required and what you need.

covered topics:
CFPB mortgage regulations under Reg Z - additional requirements for certain loan types
Regulations and Interagency Guidelines - requirements for lenders and brokers
Clarified independence requirements and their importance to examiners
The many forms of appraisals and evaluations - what can you use and when? AVMs and BPOs aren't what they used to be
Can you accept a previous appraisal? Dealing with "readdressed" and "transferred" appraisals
USPAP rules and standards - how do appraiser rules influence what lenders must do?
How to achieve appraiser independence - you've got to prove it
Anti-coercion and undue influence provisions of Reg Z - what can you NOT do (or say)?
Contact Information:
Name: Ann DeVilbiss
Phone: 443-837-1606
Email: adevilbiss@mdbankers.com
State Agency(s)
Commerce
Website Link:
https://www.bankwebinars.com/2693/dealing-with-appraisals-regulations-and-requirements?idAff=81962&entityDomainId=3&secure=False

Calendar Software powered by Active Calendar and Active Data Calendar   
Select item(s) to Search
Select item(s) to Search
Select item(s) to Search
Select item(s) to Search