K.C. Conway, MAI, CRE, Economist, Counselor of Real Estate, Valuation Expert
Michael Pereira, CHMM, VP – Environmental Risk Officer, Umpqua Bank
Michael Kulka, Founder and CEO, PM Environmental, Inc.
Duane Beck, Enterprise Accounts Director, Lender Solutions, EDR
This expert panel will take a candid look at the importance of robust risk management at this stage of the market cycle. Looking back, there have been important milestones in the evolution of risk management from the early days of “Phase I or no Phase I?” decisions based solely on loan size. Other areas—like the alignment of the appraisal function and environmental risk management function—are still evolving. As the market enters a phases of moderating property values, lenders should be turning a close eye on their risk management practices. The impact an environmental issue may have on a property’s value is more significant as prices decline. Risk managers who are being challenged to make a case for tighter underwriting will learn valuable ammo for explaining why ERM is more important than ever. Attendees will also learn more about the future direction of regulatory guidance to better reflect budding industry best practices.Register Now