Appraisal Update - "New Rules Defined"

 

COURSE DESCRIPTION:

Starting October 19, 2010 a major overhaul to the residential mortgage appraisal will take place that will directly affect ALL mortgage professionals. Whether you're a mortgage broker, lender, loan processor, underwriter, appraiser or real estate agent, you'll have to adhere to a new set of appraisal rules. With the passage of the Dodd-Frank financial reform legislation the HVCC is out, and an entirely new set of appraisal rules and standards are in.

To learn and fully understand these new appraisal rules we've put together a comprehensive online course entitled: Appraisal Update - "New Rules Defined". This class is a live, 3-hour fully interactive webinar designed to teach you everything concerning these new appraisal rules, from A to Z.

COURSE OUTLINE:
  • How the New Oversight of AMCs Will Affect ALL Mortgage Professionals
  • Learn the New Standards for Appraisal Valuation Models
  • The Enforcement Mechanism for Violations of the Requirements
  • Understand What Evidence Justifies the Fees Paid
  • Discuss Which Provisions of the HVCC Became Law and Which Did Not
  • Understand the New Regulations on the Use of Broker Price Opinions (BPOs)
  • What it Means for AMCs and Lenders that Appraisers Must be Paid Reasonable Fees
  • Fannie’s and Freddie’s Role in the New Appraisal Environment
  • Open Q/A Forum - Ask The Instructor
  • And Much More!

 

COURSE FORMAT:

  • Live, Instructor-Led Online Webinar
  • Fully Interactive -- Ability to Ask Questions to Instructor
  • FREE Unlimited Training for 1 Year
  • 3 Hours Total
  • Group Discount Available
  • All Course Material Included
  • Certificate of Completion
  • Recorded Self-Study Included at NO Extra Charge, Watch 24/7

WHO SHOULD ATTEND:

Whether you're a mortgage broker, lender, loan processor, underwriter, appraiser or real estate agent, all mortgage professionals will have to adhere to a new set up appraisal rules.

HOW IT WORKS:

1. You need a Computer, Internet Connection (DSL speed or higher), and Computer Speakers.
2. Each day of class you will be emailed an invite with your log-in/password. From here, you can click the link, enter your password, and download/print that day's course materials. Finally, you'll be able to log into the class up to 1/2 hour before the class start time.
3. Once the class starts, you will hear the instructor speak through your computer speakers. You will also have the ability to ask questions through the online chat feature located on the right-hand side of our online training platform. We encourage you to ask LOTS OF QUESTIONS!

ABOUT THE INSTRUCTOR:

As an expert in reviewing appraisal rules, Bonnie Hild is also an active FHA DE Underwriter. With over 25+ years of Conventional & Government underwriting experience, Bonnie has worked for many of the top Fortune 500 banking institutions.

SYSTEM REQUIREMENTS:

You will need the following: 1) a Computer, 2) Internet (DSL or higher) and 3) Computer Speakers. Please check beforehand to make sure these items are working properly. Note: dial-up internet connection will not work and wireless internet must have a full signal.

GRADUATION:

Upon successful course completion, you will be emailed your Certificate of Completion within 5-7 business days.

 

REGISTRATION DEADLINE:

Each Live class has no more than 30 students. With this in mind, live classes typically fill up 1-3 weeks ahead of time. NOTE: It is highly recommended you reserve your spot early for the live session, and in the meantime, we can provide you with the Recorded Self-Study (at no extra cost), so you can begin your training immediately.

Appraisal Update - "New Rules Defined"
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$199.99