Regulatory pressures are fundamentally impacting the way financial institutions manage the appraisal function. The OCC recently rolled out new guidelines covering third-party arrangements, the interplay of environmental and appraisal, and other significant rules impacting lending. All signs are that the FDIC and SBA are following suit. The new OCC guidelines impose a significant burden on lenders.
EDR is pleased to host a webinar June 18 at 1:00 p.m. est where speakers will tackle the most challenging issues for both lenders and appraisers today. An expert from the Appraisal Institute, the largest appraisal membership society in the world with 23,000+ real estate valuation experts worldwide, will share first-hand research into the challenges faced by appraisers and by lenders that rely on the technical expertise of appraisal services. Learn about the concerns commercial real estate appraisers face, and the challenges their lender clients face in finding quality appraisers to help them respond to new policies and requirements.
An expert in the trenches of a small community bank will share his insights into the shifting alignment of appraisals and environmental risk management at the community bank level, the importance of having a sound policy in place and actions that banks can take to best prepare for the scrutiny of examiners. To register for the webinar, go here.