Appraisal Review: Are Your Procedures Up-to-Date? Register by Feb. 7 for early bird pricing In the Supervisory Policy statement in the 2010 appraisal and evaluation guidance, Tuesday, Feb. 21, 2012 the regulators stated: OBL Training Center “When analyzing individual transactions, examiners will review an appraisal or evaluation to determine whether the methods, assumptions, and value conclusions are reasonable. Registration Examiners also will determine whether the appraisal or evaluation complies with the Agencies’ appraisal regulations and is consistent with supervisory guidance as well as the Registration, which includes institution’s policies. Examiners will review the steps taken by an institution to ensure that lunch and a detailed manual, the persons who perform the institution’s appraisals and evaluations are qualified, is as follows: competent, and are not subject to conflicts of interest.” All regulatory agencies have increased their expectations regarding a bank’s review EARLY BIRD THRU FEB. 7 of property appraisals. A checklist simply does not suffice anymore, particularly on $255 OBL member commercial property appraisals. Banks are expected to thoroughly review the $199 for each additional appraisals, and question the assumptions contained therein when necessary. member from the same This presentation will focus on the understanding of appraisal and evaluation institution content and other regulatory requirements relating to appraisals and evaluations $375 per nonmember such as appraisal requirements for impaired loans and TDRs. Both single family dwelling and commercial property appraisals will be discussed. AFTER FEB. 7 $275 OBL Member Who Should Attend $219 for each additional Depending on the individual institution’s structure, this seminar should be attended member from the same by loan officers, personnel from loan administration, underwriting/credit analysis, institution and all general loan personnel. $395 per nonmember Seminar Presenter An over thirty-year banking veteran, Wayne Linder, senior consultant, Young & The program will be held at the Associates, Inc., was formerly the chief executive officer of a community bank. OBL Training Center (4249 Easton Wayne currently performs loan reviews, fair lending reviews, assists banks under Way, Suite 150, Columbus, Ohio 43219), Tel. 614-340-7595. The regulatory enforcement agreements, and develops and implements written lending program runs from 9 a.m. to 4:30 policies. Over the past 30 years, Wayne has assisted financial institutions ranging in p.m. Registration and a continental asset size from $36 million to over $2.5 billion. breakfast begin at 8:30 a.m. Wayne is a popular seminar speaker with both national and international experience. In addition to his many published articles, he is the author of Loan Review Deskbook and Total Quality Loan Management. Program Highlights •Appraisal Program -What Is the Value to Be Estimated? -Third-Party Arrangements -What Is the Effective Date of Value? -Economic Monitoring -Are There Any Unusual Assignment -Performance of Appraisers and Conditions? Evaluators •Change in Use of Appraisal from -Program Compliance another Financial Institution •Overview of 2010 •Collateral Valuations Appraisal/evaluation guidelines -Valuing an Investment Property -Renewals, Refinancing, and Loan -TDR Collateral Valuation Consolidations -Valuing collateral dependent loans -Subsequent Transaction •The Review Process -Loan workouts -Who Can Do What? -OREO properties -Review of Assumptions and •Ordering Appraisals: Conditions Contained In Appraisal Engagement Letters -When can you use a AVM, BPOs, or -Who Is the Client? tax assessment document? -Who Is the Intended User? -Evaluations -What Is the Intended Use of the •Resolution of Deficiencies Report? Reference Manual Please Note: Each attendee will receive a comprehensive manual that is written in full narrative so participants can focus on the discussions and take the materials back to their institutions as a reference as well as a training manual for others. Appraisal Review: Are Your Procedures Up-to-Date? Cancellation Policy Refunds will be granted for cancellations received in writing to education @ohiobankersleague.com by Feb. 14, 2012. Cancellations will be subject to a $25 processing fee. No refunds or credits will be granted for cancellations received after the noted date or for day-of-event no shows. Substitutions are welcome. Important For more information, please contact Julie Kiplinger, manager of professional seminars and in-bank training, at email@example.com or 614-340-7612. FROM NORTH For a complete listing of OBL programs, or to register online, visit www.ohiobanker- Take I-71 South to I-270 East. Take the Easton Exit (Exit 33) onto Easton Way. Turn left at the sleague.com. Dress is business casual. second light onto Easton Loop East. As you turn, the OBL offices will be on your right. Hotel Accommodations FROM SOUTH Discounted overnight rooms are available for $114/night at Hilton Garden Inn Take I-71 North to I-670 East. Remain on I-670 to I-270 North. Take the Easton Exit (Exit 33) Columbus Airport (Tel. 614-231-2869). Overnight rooms, including a hot cooked to onto Easton Way. Turn left at the second light order breakfast and two hour evening managers’ reception, are available for onto Easton Loop East. As you turn, the OBL $129/night at Embassy Suites (Tel. 614-536-0500). Both hotels are located offices will be on your right. approximately four miles from the OBL and offer complimentary shuttle service to FROM EAST Take I-70 West to I-270 North. Take the Easton the Easton area and directly to the OBL Training Center and offices. Rooms are also Exit (Exit 33) onto Easton Way. Turn left at the available at Courtyard Marriott at Easton for $161/night (Tel. 614-416-8000). For second light onto Easton Loop – East. As you additional options, visit www.eastontowncenter.com. turn, the OBL offices will be on your right. FROM WEST Take I-70 East to I-71 North to I-670 East. Remain on I-670 to I-270 North. Take the Easton Exit (Exit 33) onto Easton Way. Turn left at the second light onto Easton Loop – East. As you turn, the OBL offices will be on your right. Free parking is available behind the building. PLEASE SELECT ONE: EARLY BIRD AFTER thru Feb. 7 Feb. 7 Registration $255 $275 per OBL Member Appraisal Review - Tuesday, Feb. 21, 2012 $199 $219 Each additional registration from same institution Please copy this form for additional registrations. Registration is also available online at www.ohiobankersleague.com. $375 $395 per Nonmember Method of Payment REGISTRANT TITLE Payment is requested at the time of registration. BANK My check for $___________ is enclosed. NAME FOR BADGE Please charge my credit card $___________ MAILING ADDRESS as noted below. Visa MasterCard CITY STATE ZIP Discover AmEx COUNTY PHONE CARD NUMBER FAX EXPIRATION DATE E-MAIL (REQUIRED) CARDHOLDER NAME SPECIAL ASSISTANCE / DIETARY NEEDS BILLING ADDRESS Please send check and registration to: Ohio Bankers League/Attention: Education Department CARDHOLDER’S SIGNATURE 4249 Easton Way, Suite 150, Columbus, Ohio 43219-6170 • Fax 614-340-7596/Phone 614-340-7595 CVV NUMBER (3 DIGITS ON BACK OF CARD) CONFIRMATION WILL BE E-MAILED UPON RECEIPT OF YOUR REGISTRATION. PLEASE USE THIS FORM AS YOUR INVOICE.
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