Appraisal Compliance

2021 Appraisal & Evaluation Compliance Seminar

October 26 & 27, 2021

9:00 – 11:00 am each day

Via Zoom Platform

Federal and State Legislative changes occurred during COVID – Are they still active?  Learn best practices in the POST COVID market. We will also discuss Regulatory Hot Topics and USPAP. 

This presentation directly relates to your responsibilities as a risk manager for your bank. Don’t miss it!

PRESENTATION

PART I: FEDERAL REGULATION AND GUIDANCE UPDATE:

  • COVID-19 Regulations
  • Post COVID Best Practices
  • FEMA 2.0

PART II: STATE REGULATION AND GUIDANCE UPDATE:

  • Evaluations
  • Understanding Transaction Value
  • Banks charging for Evaluations and Reviews
  • Use of Evaluation Companies and local Evaluators.

PART III: RESIDENTIAL DISCUSSION

  • Appraising New Construction (Cost vs. Value)
  • Understanding Escalation Clauses in Contracts
  • Requests for Reconsideration
  • Best Engagement Letters
  • Turn Times for Appraisals
  • And more!

PART III: The Appraisal Foundation – USPAP and Appraiser Qualifications

  • Extension of USPAP 2020-2021 to 2022
  • Proposed Changes for 2023
  • PAREA

PART IV: OTHER HOT TOPICS (1 hour)

  • Validity Checks / Revalidations
  • Issues Noted by Regulators
  • Trainee Inspections
  • Property Inspectors (Hybrid Appraisals)

PART V: ENVIRONMENTAL TALK

  • Environmental Policy Development
  • Common Environmental Issues
  • When do you need a Phase I?

PART V: BRING YOUR QUESTIONS AND CONCERNS TO DISCUSS

Who Should Attend:

The seminar will benefit anyone involved in the appraisal and evaluation order/receipt/review process, including appraisal department managers, internal evaluators, risk managers, loan review, etc. The presentation directly relates to the responsibilities of real estate lending and valuation products. 

Presenter:

Cheryl Bonnaffons Bella is a General State Certified Appraiser in the State of Louisiana and the State of Texas. She has earned both the MAI and AI-GRS (General Review Specialist) designations through The Appraisal Institute and has actively served various positions through the Appraisal Institute at the state and regional levels, including LA Chapter President in 2013. In 2015 Cheryl Bella was appointed by the Governor of Louisiana to serve as a member of the Louisiana Real Estate Appraisers Board. In 2018 Cheryl became an AQB Certified USPAP Instructor.

APPRAISAL COMPLIANCE

REGISTRATION FORM

 

BANK/COMPANY NAME:_____________________________________________

REGISTRANT NAME:________________________________________________

BANK ADDRESS:__________________________________________________

PHONE NUMBER:__________________________________________________

CELL NUMBER:____________________________________________________

EMAIL ADDRESS:___________________________________________________

____ $295 for Member Banks/location

____ $590 for Non-Member Banks/location

____ $495 for Member Banks/location *PLUS recording of all sessions for 30 days

*Virtual conferences allow for BANKS to register by location (device) instead of by individual banker.

 

PAYMENT:

 

_____ Please invoice, I will pay by October 19, 2021.        

_____ Please charge my credit card below.

 

TO REGISTER: Scan & Email to lrichardson@msbankers.com

QUESTIONS: Contact Lori Richardson by calling (601) 709-3736 or emailing to the address above.

 

Credit Card Information

Name on Bank Card_________________________________________________

Credit Card Number_________________________________________________

Expiration Date___________________________CVV_______________________

Billing Zip Code_____________________________________