Managing and Procuring Commercial Appraisal Reports
Managing the Commercial Real Estate Appraisal Function
ABA/Appraisal Institute Telephone Briefing Series*

Bank examiners and regulatory agencies are scrutinizing commercial real estate appraisal management procedures now more than ever before. Examiners continue to review the independence of appraisal functions but also appraisal procurement and review processes by banks. Further, market conditions are exposing financial institutions to new risks but strong risk management practices can mitigate these risks. At the same time, strong collateral valuation policies and practices can help banks weather the ups and downs of the real estate market.

In the recording of the first of four live, joint ABA/Appraisal Institute presentations held on December 16, both bankers and appraisers will examine the role of commercial real estate appraisals in risk management, particularly in light of the current regulatory environment. Participants will learn how banks can implement a full-service appraisal administration program, including appraisal engagement procedures and underwriting considerations. Appraisers will understand more about how they can provide value-added services to their clients. Our expert panelists will discuss current changes in the financial industry and provide a thorough and complete foundation for successful procedures.

(The member registration fee for each program in this series of 4 briefings is $255; $385 non-member. The cost of purchasing the entire series is $1,020/$1,540.)

Program Date Audio CD Now Available
Per Program Site /Per CD Fees** $255 ABA/AI Member/Service Member • $385 Non-Member
Registration Not applicable
Audio CD Order online   (PDF)
Credits Earn 2.5 CRCM or CLBB credits listening to the audio recording of this program.

Topics to be addressed

  • Establish an Appraiser Roster and how to manage an approved list of appraisers
  • Find appraisers for out-of-market assignments
  • Apply the Uniform Standards of Professional Appraisal Practice (USPAP)
  • Utilize USPAP Scope of Work rules to order the correct appraisal product
  • Interpret appraisal requirements  – "appraisals" versus "evaluations"
  • Differentiate between appraisal report options and when they can be ordered
  • What to ask for from an appraiser under different scenarios. 

Speakers

  • Robert Seiwert, Senior Vice President, ABA's Center for Commercial Lending and Business Banking, Washington, DC (moderator) 
  • Nikki Griffith, MAI, Sandollar Realty Advisors, Kennewick, WA
  • George Mann, MAI, SRA, Collateral Evaluation Services, Inc., Cincinnati, OH
  • J. Timothy Reiter, MAI, Senior Vice President and CRE Credit Officer, Citizens Financial Group, Boston, MA

Upcoming Topics:
(The member registration fee for each program in this series of 4 briefings is $255; $385 non-member. The cost of purchasing the entire series is $1,020/$1,540.)

Who Should Attend

  • Real Estate Appraisers
  • Bank Staff Appraisers
  • Commercial Lenders
  • Relationship Managers
  • Chief Lending Officers
  • Loan Review Officers
  • Credit Officers
  • Credit Analysts
  • Compliance Managers
  • Auditors
  • Bank Counsel
  • Senior Bank Managers
  • Credit Policy Officers
  • Credit Risk Manager

*ABA's Telephone Briefings include reference materials and telephone audio. Telephone/Webcast Briefings include reference materials, telephone audio, and simultaneous webcast presentation (requires 56K or faster with JavaScript and cookies enabled in the browser, i.e., Microsoft Internet Explorer 4.0 or later, or Netscape 4.7X).

**Each site license (registration fee) entitles you to one phone connection and one Internet connection  (when there is a simultaneous webcast presentation) where an unlimited number of listeners can participate.

Any transmission, retransmission or republishing of the audio or Web portions of this briefing is strictly prohibited.


Questions? Please contact Joe Mach / Linda Shepard / Cari Hearn for more information.