| Date: | Tuesday, April 8, 2008 |
| Time:* | 1:00 PM – 2:30 PM ET |
| Featured Speaker: | Joel Meredith |
| Duration: | 90 Minutes |
| Location: | Your office or conference room |
| Prerequisites: | None |
If your area does NOT observe Daylight Saving Time, the time will be one hour earlier.
As defaults and foreclosures have continued to run rampant over the last year, regulators and industry analysts have raised questions and concerns about the use and misuse of appraisals, including the independence of mortgage appraisers and to what degree appraisal fraud has played a role in the current mortgage lending crisis. Many lenders and appraisers are also under scrutiny for inflating home values during the housing and refinancing boom.
Both Fannie Mae and Freddie Mac have announced that they would purchase mortgages only from lenders who use independent appraisers and further mortgage appraisal reforms are underway to incorporate and reinforce independence in the real estate appraisal process.
Join our expert speaker on April 8th for the interactive audio conference, Mortgage Appraisal Update: What You Need to Know to Comply with New Standards and get key guidance and insight on the current appraisal market and what your responsibilities are in today’s environment.
Our veteran expert in the real estate valuation industry will cover the following topics:
- Overview of Market Conditions
- Characteristics of today’s market
- Significant changes in market conditions over the last year
- Problem markets
- Appraiser’s Responsibilities in Today’s Market
- Analyzing today’s market
- Selecting valid comparables
- Evaluating market trends
- Recognizing appraisal deficiencies
- New trends in overvaluation & fraud techniques
- Common appraisal errors in today’s market
- Use of AVMs in the current market
- And more!
Registration Includes:
- Admittance to a 90-minute call for as many people as you can fit in a room with a speakerphone
- Access to the specially created presentation handouts (made available 48 hours in advance) which can be printed and used to train all of your compliance personnel
- Participation in two 30-minute live Q&A sessions with the speaker following the presentation
- Certificates of completion for all training attendees
About Our Speaker
Joel Meredith is the founder and CEO of Collateral Risk Solutions; Joel’s leadership and 19-year background in the real estate valuation industry and specialization in investigative and fraud consulting has proved invaluable to CRS’ growth. His vision for CRS began with detailed knowledge of the market dynamics between primary lending institutions and secondary market investors. Joel leveraged this knowledge and began developing high quality, easy-to-use CRS products that are quick, accurate, and perfectly tailored to the industry’s needs. Meanwhile, he worked to assemble a team of experts with a single mission in mind. Not only would they be the best in their respective fields, carefully chosen for their experience and motivation, but each CRS team member would share a similar belief: that top-notch customer service is the vital ingredient to CRS being the best in the business.
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