Description

Learn permitted and prohibited valuation-related activities, prohibition on conflicts of interest and additional valuation independence requirements, including the requirement of a physical visit and additional appraisals for flipped properties. This course covers:

Requirements for valuation independence

Additional requirements for higher-priced mortgage loans

Transactions that are exempt from the requirements related to written appraisals

What You’ll Learn
After successfully completing this course, you will be able to:

Describe requirements for valuation independence

Describe additional appraisal requirements for higher-priced mortgage loans

Identify transactions that are exempt from the requirements related to written appraisals

Additional information

Audience	Any bank personnel who order or review appraisals/evaluations. Loan officers, loan processors and bank employees who need a general understanding of the appraisal requirements under Regulation Z.
Length	Approximately 25 minutes
Credits	0.5 CLBB, 0.5 CRCM
Member Price	55.00
Non-Member Price	75.00
Course Number	ABA
Location	Online Self-Paced
Vendor	ABA
Course Code	ABA
Prerequisites	None
Day	Online