The League of Southeastern Credit Unions & Affiliates (LSCU) is excited to bring you a Strategic Planning for Credit Unions webinar on October 5, 2021. This 90-minute session will focus on the development of a comprehensive real estate evaluation, including procedures surrounding the use of analytical methods or technological tools such as Automated Valuation Models (AVMs) and Tax Assessment Valuations (TAVs). This informative session is designed for those who prepare, review, or use in-house real estate evaluations as part of the loan-approval process. Both credit analysis and frontline lenders will find value in this comprehensive presentation.
After this webinar you’ll be able to:
- Better identify when an in-house evaluation may be used in determining real estate market value (appraisal exemption rules) and when an appraisal should still be considered, even though an evaluation is permissible under the regulation
- Clearly define the content requirements of a real estate evaluation, including the identification of real estate evaluations that do not meet regulatory expectations
- Including suggestions for source data in developing content
- Properly use technological tools in preparing evaluations, considering regulatory expectations surrounding support and validity of the tool
- Define independence and how this impacts the evaluation process
- Determine who should conduct real estate evaluations, including recommendations for training and continuing education
MEET THE PRESENTER
Aaron Lewis Aaron Lewis is a senior consultant at Young & Associates, Inc. With over 15 years in the banking industry, his expertise is now dedicated to the lending division of Young & Associates where he assists financial institutions with loan, ALLL, policy, and credit-process and compliance reviews. He also conducts seminars on credit risk and compliance. Prior to joining Young & Associates, Aaron was the Vice President Credit Administrator of a community financial institution in southeast Michigan and managed all facets of the lending function, including originations, underwriting, ALLL analysis, servicing, and secondary market compliance. He holds a Bachelor’s in finance from Michigan State University and graduated from the Graduate School of Banking, University of Wisconsin. |