It is not enough in the current regulatory environment to separate the lending and appraisal functions. How do you know if the people who review the residential appraisals ordered by your credit union are sufficiently qualified? How do you equip your residential reviewers to do their job? This webinar will cover general residential review concepts and fully examine a suggested residential review form that will be provided to all webinar participants.
- Difference between appraisal review and underwriter compliance checks
- Best practices for appraisal review
- Examine in detail the recommended residential review form
- Importance of internal consistency in appraisal review
- Regulatory issues regarding appraisal review
- Key USPAP issues of concern for residential appraisal reports
- TAKE-AWAY TOOLKIT
- Recommended residential land review form in Word
- Recommended review form for single family residences in Word
- Employee training log
- Quiz you can administer to measure staff learning and a separate answer key
Attendance verification for CE credits provided upon request.
WHO SHOULD ATTEND?
This informative session is designed for mortgage underwriters, credit personnel, appraisal staff, residential/mortgage lenders, and any others involved in residential lending.
ABOUT THE PRESENTER – Heidi C. Lee, MAI, MRICS, Appraisal Review & Consultation
Heidi Lee is a seasoned commercial review appraiser with 18 years’ experience at Whitney National Bank, a mid-sized financial institution. Since retiring from Whitney Bank, Heidi 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 financial institutions across the country.
Heidi holds the MAI designation issued by the Appraisal Institute and the MRICS designation issued by the Royal Institution of Chartered Surveyors. Licensed in two states, she is a Louisiana-certified general real estate appraiser and a Texas-certified general real estate appraiser. In addition, she was appointed by two governors to serve on the Louisiana Real Estate Appraisers Board.
Lending Council members receive 10% discount.
|Over $75 million
|$25 - $75 million
|Under $25 million
Scholarships are available for all KCUA education events. Scholarships pay 100% of registration fee for credit unions under $25M, 50% for credit unions between $25-$75M and 25% for credit unions over $75M.
Upon registration, you will receive an email confirmation that you can print for your records. Connecting instructions will be emailed to you approximately two days before the event.
Sorry, no cancellations are allowed after connecting instructions and handout materials are distributed to registrants. Substitutions are welcomed and encouraged.
Please note: The live webinar option allows you to have one telephone connection for the audio portion and one Internet connection (from a single computer terminal) to view online visuals as the presentation is delivered. You may have as many people as you like listen from your office speaker phone.