Understanding Appraisals and Appraisal Review Concepts for Lenders

Instructor: Heidi Lee
Product ID: 705218
  • Duration: 90 Min
This webinar training will break down common terms used in the appraisal industry as well as cover the economics of real estate markets: the impact of the principles of value, the forces of value, and real estate market life cycles.

recorded version

1x Person - Unlimited viewing for 6 Months
(For multiple locations contact Customer Care)
Recorded Link and Ref. material will be available in My CO Section
Last Recorded Date: Nov-2018

Training CD / USB Drive

One CD/USB is for usage in one location only.
(For multiple locations contact Customer Care)
CD/USB and Ref. material will be shipped within 15 business days

Customer Care

Fax: +1-650-362-2367

Email: [email protected]

Read Frequently Asked Questions

Why Should You Attend:

The Interagency Appraisal and Evaluation Guidelines have put appraisals and their review front-and-center for financial institutions and examiners. Initially, the regulators focused on appraisal function compliance within larger banks. In recent years, however, examiners have shifted their focus to smaller institutions. As a result, appraisal function compliance has become a larger issue for community banks. This webinar lays the groundwork for better appraisal review compliance.

Learning Objectives:

  • Gain insight into the appraisal process: a general understanding of what appraisers can and cannot do
  • Learn how the regulators view the appraisal selection process and the review process
  • Learn what the regulators expect of appraisal reviewers
  • Learn basic review mechanics and the dos and don’ts of reviewing
  • Get tips for dealing with appraisers when the review identifies issues of concern
  • Learn methods to improve the quality of appraisal reports submitted to your financial institution

Areas Covered in the Webinar:

  • The defined terms and a specific process in the appraisal industry that appraisers must follow
  • Economics of real estate markets: the impact of the principles of value, the forces of value, and real estate market life cycles
  • Regulatory requirements for reviewer independence and reviewer qualifications
  • Scaling the review assignment with the appraisal assignment and the transaction risk
  • Best practices for reviewers
  • Acceptable and unacceptable reviewer communication methods

Who Will Benefit:

  • Chief appraisers and appraisal managers
  • CEOs and presidents of community banks
  • Credit administration officers
  • Credit officers involved in the appraisal function
  • Credit reviewers and other credit side personnel
  • CRE lending group managers
  • Employees who bid and engage appraisers for the bank
  • Employees who review commercial appraisal
Instructor Profile:
Heidi Lee

Heidi Lee
Bank Consultant and Review Appraiser, Appraisal Review and Consultation

Heidi Lee is a commercial review appraiser with 18 years’ experience at Whitney National Bank, a mid-sized financial institution. Since retiring from Whitney Bank in 2011, Ms. Lee has founded Appraisal Review & Consultation to share her skills and appraisal regulatory knowledge base with other financial institutions. Her firm offers commercial review services and appraisal policy/procedures assistance to small- and medium-sized banks across the country.

Ms. Lee has earned the MAI and the AI-GRS designations issued by the Appraisal Institute and the MRICS designation issued by the Royal Institution of Chartered Surveyors. She holds a general appraiser certification in Louisiana and Texas and was appointed by two governors to serve on the Louisiana Real Estate Appraisers Board. Additionally, she is a member of RMA (Risk Management Associates), with special interest in credit risk and operational risk.

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Refund Policy

Registrants may cancel up to two working days prior to the course start date and will receive a letter of credit to be used towards a future course up to one year from date of issuance. ComplianceOnline would process/provide refund if the Live Webinar has been cancelled. The attendee could choose between the recorded version of the webinar or refund for any cancelled webinar. Refunds will not be given to participants who do not show up for the webinar. On-Demand Recordings can be requested in exchange.

Webinar may be cancelled due to lack of enrolment or unavoidable factors. Registrants will be notified 24hours in advance if a cancellation occurs. Substitutions can happen any time.

If you have any concern about the content of the webinar and not satisfied please contact us at below email or by call mentioning your feedback for resolution of the matter.

We respect feedback/opinions of our customers which enables us to improve our products and services. To contact us please email [email protected] call +1-888-717-2436 (Toll Free).

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