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Appraisal Procedures

Fundamentals of appraisal procedures, including defining the role of the appraiser and the valuation process. An examination of the use of Automated Valuation Models (AVMs), the importance of appraiser independence and recent mortgage fraud trends is also covered

Re-versioned: Aug. 2014

Produced by Ellie Mae/ AllRegs®​

What You'll Learn

After successfully completing this course, you will be able to:

  • Recognize appraisal licensing and certification agencies
  • Distinguish the role of the appraiser
  • Identify appraiser qualifications
  • Recognize the components of the valuation process
  • Distinguish characteristics of automated valuation models (AVMs)
  • Identify appraiser independence requirements
  • Define fraud and identify its consequences

​Audience

Lending operations staff, including: Loan Originators, Underwriters, Processors

Course Credits

ABA Certificates​: This course applies to the ​Residential Mortgage Lender Certificate.


​Questions? Please contact training@aba.com for more information.
 

 Purchase

 

Purchase for a Team
To license this course to your bank for multiple learners, please contact ABA Training.

 

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