Appraisal Procedures

Course Number: AP1

Course Code: ABA 324

Fundamentals of appraisal procedures, including defining the role of the appraiser and the valuation process. An examination of the use of Automated Valuation Models (AVMs), the importance of appraiser independence and recent mortgage fraud trends are also covered.

After completing this course, students will be able to:

– Recognize appraisal licensing and certification agencies

– Distinguish the role of the appraiser

– Identify appraiser qualifications

– Recognize the components of the valuation process

– Distinguish characteristics of automated valuation models (AVMs)

– Identify appraiser independence requirements

– Define fraud and identify its consequences

Audience: Lending operations staff, including: Loan Originators, Underwriters, Processors

Prerequisites: n/a

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Member Price: $95.00
Non-Member Price: $130.00
Textbook Charge: $0.00

Credits:

Length: 1 hour

ABA Training