Essential Services Offered for 2022 and 2023:

• Valuation program audit/internal audit assistance, virtual visits available upon request

• Ongoing valuation policy and procedures update assistance

• Testing and monitoring the quality of appraisal and evaluation review work from in-house and external appraisers and those performing evaluations (per Interagency Appraisal and Evaluation Guidelines requirements)

• General and specific Q&A involving the valuation program, interpretation of regulations and federal guidance

• Regulatory compliance training of valuation staff and lending staff involved in the technical and administrative review function for appraisals and evaluations

• Monitoring oversight/audit assistance of appraisal management companies

• Assistance to the chief appraiser/valuation officer on other matters identified by the bank

• Avoidance of Fair Lending bias and discrimination

Updates in the News section coming soon