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2010 Appraisal Workshop - FIRREA, USPAP, and the Appraisal Review Process
RESCHEDULED FOR JUNE 15, 2010 - One-Site, One-Day Only - Afternoon Program
Barrett Training Center, Nashville Early Registration deadline is April 20, 2010
Program Information
The FIRREA act of 1989 recognized USPAP as the generally accepted appraisal standard and requires USPAP compliance for appraisers in completing reports concerning federally related transactions. Appraiser certification and licensing requirements, appraisal services, appraisal trade associations, and FIRREA require compliance with USPAP. However, most lenders do not understand these appraisal standards and the appraiser’s responsibility in their industry compliance requirements.
The USPAP Scope of Work Rule emphasizes the requirements for problem identification, determining the appropriate scope of work, and disclosure of the scope of work that was performed in appraisal, appraisal review, and appraisal consulting assignments. These changes require banks to discuss the Scope of Work expectations in detail with the appraiser during the engagement process. This workshop will discuss these changes in depth and the related risk in the appraisal engagement process.
The formal review process is becoming more important in complying with FIRREA. Examiners expect this process to include periodic validations. The instructor will offer practical tips in the appraisal review process, as well as, in the validation process of FIRREA compliance.
Program Speaker: Patricia Latham, Latham Consulting Services
Schedule:
12:30 pm Program begins - participants may register just before the start of the program
4:00 pm Adjourn with question and answer session
Brochure Download
Download and complete the conference registration form and return it to the TBA office.
Secure Online Registration
Complete the secure online registration form. Registration is available prior to brochures release.
TBA Contact Information
Debbie Brickles - dbrickles@tnbankers.org
Vice President and Director of Training and Development
Tennessee Bankers Association
211 Athens Way, Ste 100 • Nashville, TN 37228-1381
800/964-5525 or 615/244-4871 or www.TNBankers.org
