Financial regulators are reviewing your institution’s real estate appraisal practices for compliance with regulatory guidance statements and regulations. They expect management to have developed an appraisal and evaluation policy that provides guidelines for obtaining appropriate valuation documents, including ordering and reviewing the documents; on-going monitoring of market values in your lending area; and obtaining updated or new valuation documents as required by guidance statements and/or regulations. Additionally, management must prepare for required changes to their current appraisal process for higher-priced mortgage loans, effective January 18, 2014. This session will also discuss appraisal weaknesses that financial regulators have cited in legal documents in filings against failed financial institutions.

HIGHLIGHTS

  • Adequacy of current program
    • Independence
    • Engagement letters
    • Communications between staff and appraiser
    • Review process
    • Resolution of deficiencies
    • Documenting appraiser/evaluator’s performance
    • Required referrals to regulators
  • Upcoming required changes
    • Appraisals for higher-priced mortgage loans:  joint statement final rule
    • Covered loans and exempt loans
    • Required changes
  • Collateral valuation requirements
    • At loan origination
    • Life-of-loan monitoring
      • Business loans – annual review
      • Residential 1-4 family mortgages including junior liens
    • Refinance or additional loan
    • Loan modifications and workout loans
    • TDRs and collateral-dependent loans
    • OREO properties

 

  • TAKE-AWAY TOOLKIT
    • Electronic 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 directed to senior management including CEOs, CFOs, treasurers, risk managers, auditors, loan review personnel, loan officers, and anyone responsible for analyzing and documenting real estate loan transactions.

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.

ABOUT THE PRESENTER – S. Wayne Linder, Young & Associates, Inc.

With over 30 years as a banking veteran, Wayne Linder was formerly the CEO of a community bank.  At Young & Associates, Inc., Wayne works as a senior lending and management consultant.  He performs loan reviews; assists financial institutions under regulatory enforcement agreements; performs management and board of director assessments; and develops and implements written policies throughout all areas of the financial institution.  Wayne is a popular seminar speaker with both national and international experience. In addition to his many published articles, he is the author of Loan Review Deskbook.

THREE REGISTRATION OPTIONS

Note:  All materials are subject to copyright.  Transmission, retransmission, or republishing this webinar to other institutions or those not employed by your financial institution is prohibited.  Print materials may be copied for eligible participants only.

1.  LIVE WEBINAR

Convenient!

Listen to the
archived webinar on your

iPad

iPhone

Android

Instructions will be emailed with the archived webinar link.

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.  Registrants receive a toll-free number and pass code that will allow entrance to the seminar.  The session will be approximately 90 minutes, including question and answer sessions.  Seminar materials, including instructions, PIN number, and handouts will be emailed to you prior to the broadcast.  You will need the most-current version of Adobe Reader available free at www.adobe.com.

2.  ARCHIVED WEBINAR & FREE CD ROM*

Can’t attend the live webinar? The archived webinar is a recording of the live event, including audio, visuals, and handouts. We even provide the presenter’s email address so you may ask follow-up questions. Approximately one week prior to the webinar, you will receive an email with the archived webinar link. This webinar link can be viewed anytime 24/7, beginning 6 business days after the webinar and will expire 6 months after the live program date.

As an added bonus, you will also receive a FREE audio/visual CD ROM.* The CD ROM includes the original audio/visual presentation, the question and answer sessions, and the handouts.  Use the archived webinar or this “off-the-shelf” training program for those that could not attend the live seminar and for future training.

The archived webinar (including the free CD ROM) may ONLY be ordered for 6 months following the webinar. Neither will be available after this time.

3.  BOTH LIVE WEBINAR & ARCHIVED WEBINAR (INCLUDES FREE CD ROM*)

Options 1 and 2 described above

 

AFFORDABLE, PROFESSIONAL TRAINING, WHEN AND WHERE YOU CHOOSE

*CD ROM is for Mac and PC use only

This event is being conducted by CU Web Training on behalf of the Missouri Credit Union Association.   Click here to register:  https://mcua.fed.cuwebtraining.com/store/webinar

July 18th, 2013 2:00 PM   through   3:30 PM

Event Info

When

July 18th, 2013 2:00 PM   through   3:30 PM

Contact

Phone: 314.542.1321

Email:


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