Join

Event Calendar

Thursday, December 24, 2020

Managing In-House Real Estate Evaluations

Start Date: 6/24/2020 1:00 PM MDT
End Date: 12/24/2020 2:30 PM MST


Organization Name: Independent Bankers of Colorado

Contact:
Tara F. Hunter
Email: thunter@ibcbanks.org
Phone: (303) 832-2000

Managing In-House Real Estate Evaluations
1:00 pm – 2:30 pm MT

When is an in-house evaluation not suitable for a real estate-secured transaction under the exemption threshold? What is an appraisal’s useful life? How can a previously determined market value be validated as part of a subsequent transaction? Learn the answers to these questions and more.
 
AFTER THIS WEBINAR YOU’LL BE ABLE TO:

  • Review your institution’s in-house real estate evaluation policy and procedures for compliance
  • Understand general content requirements for evaluations
  • Discuss the use of technological tools such as Automated Valuation Models (AVMs) and Tax Assessment Values (TAVs) as part of the in-house evaluation process
  • Determine if a transaction meets the real estate appraisal exemption threshold and understand when an appraisal should be ordered even though an exemption is available
  • Create a document to validate previously developed valuations, such as appraisals and evaluations, for subsequent transactions to meet regulatory expectations
 
WEBINAR DETAILS
Final agency rules adopted over the last two years have increased appraisal exemption threshold levels for real estate transactions. Not surprisingly, the use of in-house evaluations has become more prevalent. Institutions adopting new (or reevaluating) in-house evaluation programs must ensure that properly trained personnel, independent of loan production, develop evaluations with accurate market value, supported by sufficient source data, which is clearly provided in the final report.
 
This presentation will recommend components of comprehensive evaluation policies and procedures, including the use of analytical methods or technological tools such as Automated Valuation Models (AVMs) and Tax Assessment Values (TAVs). It will also cover required contents of a real estate evaluation, including who should conduct it.
 
WHO SHOULD ATTEND?
This presentation will benefit lending personnel involved with real estate transactions, including credit and loan production managers, loan officers, credit analysts, and staff who are part of the valuation process.
 
TAKE-AWAY TOOLKIT
  • List of agency regulatory documents for future study and consideration
  • Sample subsequent-transaction validation document
  • Employee training log
  • Interactive quiz
 
DON’T MISS THESE RELATED WEBINARS!
Appraisal & Evaluation Guidance on Collateral Valuation
Wednesday, September 11, 2019
 
Appraisal Compliance Checklist, Including New Threshold Limits
Tuesday, March 3, 2020
  MEET THE PRESENTER
Aaron Lewis, Young & Associates, Inc.
Aaron Lewis is a senior consultant at Young & Associates, Inc. With over 15 years in the banking industry, his expertise is now dedicated to the lending division of Young & Associates where he assists financial institutions with loan, ALLL, policy, and credit-process and compliance reviews. He also conducts seminars on credit risk and compliance.
 
Prior to joining Young & Associates, Aaron was the Vice President Credit Administrator of a community financial institution in southeast Michigan and managed all facets of the lending function, including originations, underwriting, ALLL analysis, servicing, and secondary market compliance. He holds a Bachelor’s in finance from Michigan State University and graduated from the Graduate School of Banking, University of Wisconsin.

THREE REGISTRATION OPTIONS – WHAT YOU GET
1. Live Webinar Includes
  • One connection to the Live Webinar
  • Handout and Take-Away Toolkit
  • Available on desktop, mobile & tablet
  • Presenter’s contact info for follow-up
2. Recorded Webinar Includes
  • Available 6 business days following Live date
  • Handout and Take-Away Toolkit
  • Available on desktop, mobile & tablet
  • Free Digital Download, yours to keep
  • Share link with anyone at your institution
  • Presenter’s contact info for follow-up
3. Purchase the BOTH Option to receive all the benefits listed above!