Understanding Appraiser Independence laws, regulations and policies is a must in today’s real estate market. Compliance to these ever-evolving regulatory requirements is equally as important. This 12-minute webinar hosted by Pro Teck’s Chief Compliance Officer Jeff Dickstein will cover all of the most pertinent laws at the state and federal level, as well as the regulations and policies that are covered by agencies, government-sponsored enterprises (GSEs) and the Federal Housing Authority (FHA).
What is in this Webinar?
An explanation of common languages with all state and federal laws, as well as individual regulations
Insight on legal exceptions related to laws & regulations
Analysis of the Dodd-Frank Wall Street Reform & Consumer Protection Act, including specific subsections related to the Truth in Lending Act (TILA) and Financial Institutions Reform, Recovery and Enforcement Act (FIRREA)
Definition of “The Board” as the rulemaking authority
An explanation of guidelines drafted by agencies that oversee lending institutions, credit unions and servicers
Discussion surrounding the Home Valuation Code of Conduct (HVCC)
An Introduction to GSE Appraisal Independence Requirements (AIR)
Definition of the HUD/FHA Appraiser Independence Policies
A list of State Appraisal Independence Laws