2016-2017 USPAP Changes: Summary & Advice for Lenders, Appraisers
An appraisal is required to support all real estate lending transactions so it is important in the lending industry to know the rules an appraiser must follow. Every two years, USPAP …
VENDOR MANAGEMENT: Advice for Lenders in Using Appraisers and Environmental Professionals (Part II of III)
In Part I of this series last month, I discussed the basics of why and when to address vendor management decisions for appraisal and environmental …
Vendor oversight and management is certainly not new to financial institutions, but recent enforcement actions by the Office of the Comptroller of the Currency are heightening the need for banks to have demonstrated processes in place. As summarized by the …
NOTE TO READERS: In January and February, expert Mitch Kreeger wrote a two-part series on the steps banks can take to survive appraisal compliance audits. Building on that topic, EDR Insight is fortunate to have him back for this brief …
NOTE TO READERS: Regulatory compliance is top of mind for financial institutions in this era of strict oversight, and all types of bank underwriting are affected, including the appraisal function. To help you do everything you can to prepare for …
NOTE TO READERS: Regulatory compliance is top of mind for financial institutions in this era of strict oversight, and all types of bank underwriting are affected, including the appraisal function. To help you do everything you can to prepare for …