CRE Appraisals: Regulations and the Review Process

For at least 25 years, bankers have worked under multiple sets of rules and guidelines concerning the ordering and reviewing of appraisals. Appraisers have worked under the Uniform Standards of Appraisal Practice (USPAP) for even longer. This program provides a concise overview of the various rules and guidelines, plus key nuances that have created differences among the approaches taken by banks and are endorsed or supported by regulators.

Because they are guidelines, not regulations with absolute deadlines, there is discretion in how regulators apply various features. Do you know the key factors that drive discretion? What are some tips and traps for handling review outcomes? Can your bank have different levels or types of reviews for commercial properties? What key factors drive how to set the different levels? We will answer these questions and more.

What You’ll Learn

• December 2010 Interagency Appraisal and Evaluation Guidelines
• October 2018 Frequently Asked Questions on the Appraisal Regulations
• New and recent requirements for screening appraisals for Uniform Standards of Appraisal Practice (USPAP) compliance
• Overview of guidelines and issues critical to CRE appraisals
• The five minimum standards and what they really mean
• What is FIRREA? (and other regulatory guidelines still in place)
• 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
• Ideas for screening for Uniform Standards of Appraisal Practice (USPAP) as of Jan. 1, 2020
• Appraisal review outcomes and when to request revisions

Who Should Attend
CRE lenders, commercial lenders, private bankers, small business lenders, credit analysts, portfolio managers, assistant relationship managers, consumer and mortgage lenders, loan review specialists, special assets officers, lending managers, credit officers and CRE support personnel will benefit from this course.

Presenter
Richard Hamm has been training bankers for 30+ years, designing and delivering courses specializing in commercial lending and credit, including portfolio and risk management, commercial real estate (CRE) and appraisals, plus selling and negotiating skills, and director training.

His clients include National associations such as the American Bankers Association (ABA) and the Risk Management Association (RMA), regional banking schools such as the Graduate School of Banking at Colorado, the Southwestern Graduate School of Banking (SWGSB) and other major schools, state banking and community banking associations in ten states, and individual banks

He is based in Huntsville, AL and has owned/operated Advantage Consulting & Training for 15+ years, after a 22-year banking career including senior positions in lending and credit, plus president during the formation of a community bank. He has BS and MBA degrees from the University of Alabama.

Registration Options

Live Access, 30 Days OnDemand Playback, Presenter Materials and Handouts $299

• Available Upgrades:
  • 12 Months OnDemand Playback + $120
  • 12 Months OnDemand Playback + Digital Download + $150
  • Additional Live Access + $99 per person