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 endorsed or supported by their 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?What You'll Learn:

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

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CRE Appraisals: Regulations And The Review Process

Available 2:30 till 4:30p Eastern or via On-Demand

Qty: On-Demand ($279.00)