Thursday, April 25, 2019
Loading Events

« All Events

  • This event has passed.

CRE Appraisals: Regs and Review Process, Webinar

February 11 @ 1:30 pm - 3:30 pm CST

Click Here for More Information

  • Overview of guidelines and issues critical to CRE appraisals
    • The five minimum standards and what they really mean, as derived from the original 14 points in the Financial Institutions Reform and Recovery Act of 1989 (FIRREA) Title XI that govern how banks order and use appraisals
    • What is FIRREA? (and other regulatory guidelines still in place)
    • Yes, you can use appraisals prepared for other banks
  • Types of reviews, as suggested by the guidelines
    • Administrative/compliance review plus a sample checklist
    • Technical/internal review plus a sample checklist
    • Outside/third party review plus sample comments
    • Ideas for setting dollar limits
    • Why your bank should create an appraisal/CRE properties database
  • What about evaluations?
    • Not just for loans below the dollar thresholds
    • New (as of 2010) evaluator independence guideline
  • Appraisal review outcomes and when to request revisions

Venue

https://www.BankWebinars.com/Webinar/Details/3060/?idAff=81981