Appraisal and/or evaluation requirements are a part of nearly every consumer and non-consumer real estate transaction. Appraisals can be required at different times in the life of a loan. Appraisal rules are covered in several regulations and in Interagency Standards. The CFPB has recently gotten involved in the conduct of appraisals that can touch every financial institution with the possibility of large fines and penalties. Do you know the requirements for when an appraisal must be performed vs. an evaluation? Do you know what the minimum standards are when conducting an evaluation? Do you know what the six prohibited practices listed in Guidelines are that impair appraiser independence? Join us for a discussion of Appraisal Compliance.

What We Will Cover:
• Appraisal Regulations and Guidelines
• Compliance issues
• Best Practices
• Recent developments and pending legislation

Who Should Attend: financial institution lending staff, compliance officers, auditors, legal, and other interested persons.

Air Date: September 12, 2023