Email to Order the Recording + Free Digital Download
According to a recent report by financial regulators, commercial construction, other CRE, and residential construction loans are growing in 75 percent of banks, particularly in midsize and community banks. Some of the issues with the rapid growth in these segments are uncertain collateral valuations, increased policy exceptions, and slow recovery in some residential real estate markets.
This webinar will address the real estate collateral valuation requirements that have been imposed on banks and appraisers. The focus will be on insights for board members and their responsibilities, and the responsibilities of management, loan officers, and administrative staff for adequacy of collateral value documentation. Answers to frequently asked questions will be included, such as:
Are you ordering the right valuation document?
Does your evaluation document meet regulatory standards?
When do you need a new appraisal?
HIGHLIGHTS
Regulatory expectations – managing credit risk
Portfolio management, including forward-looking risk assessment of collateral values associated with concentrations
Appraisals: common examination findings noted in community banks
Appraisal terms, definitions, and evaluation requirements
Proper use and documentation for “abundance of caution” exemption
“Value to be developed”
“Restricted use” appraisal reports
FAQs about appraisals and appraisal requirements
How are short-term renewals handled?
What is required when taking additional collateral (second property pledged)?
Can appraisals be used on same property for a different client?
Options for subsequent transactions and refinance with new money
Will the appraiser provide an appraisal update or is it a new assignment?
How are customer appraisal disputes handled?
TAKE-AWAY TOOLKIT
Employee training log
Quiz you can administer to measure staff learning and a separate answer key
Attendance verification for CE credits provided upon request.
WHO SHOULD ATTEND? Board members, loan committee members, business development personnel, lending officers, lending support staff, loan administration staff, auditors, and loan reviewers.
ABOUT THE PRESENTER – S. Wayne Linder, Young & Associates, Inc., a thirty-year banking veteran, who was formerly the CEO of a community bank. As a Senior Consultant with Young & Associates, Wayne works as a lending and management consultant. He assists financial institutions under regulatory enforcement agreements and develops and implements written lending policies. Wayne is a popular seminar speaker with both national and international experience.
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