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Location: Virtual Classroom, MD
- Name:
- Virtual Classroom
- Address:
- Virtual Classroom, MD
- Phone:
- 301-924-1020
- Speakers:
- Garber, Bill / DiBiasio, Scott
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Get
the latest on new rules & regulations that will affect your appraisal procedures and business! A Free (for AI Members)
Webinar on Thursday, May
20, 2021 * 10:30am – 12:30pm ET
Never
before in the 32 years since the enactment Title XI of FIRREA has so much
attention been paid to the regulation of real estate appraisals by
policymakers, the public and the media.
Several high-profile investigations have resulted in a barrage of legislative
and regulatory activity, while long-term efforts to build upon and modernize
appraisal regulation continue. This session will explore several of the many
legislative and regulatory issues under in-depth consideration simultaneously
at both the federal and state level that could significantly alter the course
of the profession for many decades.
Join
metro DC appraisers to hear Bill Garber,
Director of Government and External
Relations and Scott DiBiasio, Manager of State and Industry Relations for
the Appraisal Institute, report on legislative and regulatory proposals
affecting the real estate valuation profession, including:
- The
Biden Administration and Congress’ intent to address alleged racial disparities
in appraisals.
- State
legislative and regulatory proposals to prevent valuation bias and
discrimination, and the role of state appraiser regulatory agencies.
- Initiatives
to attract new entrants to the residential appraisal field, including the joint
Appraisal Institute, National Urban League and Fannie Mae Appraiser Diversity
Initiative and The Appraisal Foundation’s Veteran’s Resource program.
- Government
Accountability Office review of appraisal threshold levels and temporary waiver
requests.
- Efforts
by both the Federal Housing Administration (FHA) and Federal Housing Finance
Agency (FHFA) to reform and modernize the real estate valuation process,
including the way that appraisals are developed, reported, and utilized, and
consideration of potential alternatives to appraisals.
- Continuing
efforts to achieve consistency and harmonization amongst the states, particular
in relation to the Practical Applications of Real Estate Appraisal (PAREA) and
education approval.
- Federal
legislation creating an appraiser licensing portal, modifying the FHA appraiser
panel, AMC Registry Fees, the makeup of the Appraisal Subcommittee, and the
disclosure of appraisal fees to consumers.
- Alleged
abuses in the valuation of conservation easement donations and disciplinary
actions taken by federal and state regulators.
- Proposals
to limit the liability exposure of appraisers by putting a time-limit on the
filing of civil lawsuits.
After
attending this presentation, you will have a better understanding of relevant
local and national legislation, rules and regulations affecting your appraisal
businesses and activities.
Chapter Meeting – After the update, AIDC President, John Farrell, MAI will bring us up to date on all things AIDC!
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Zoom: The login
link will be sent the day before the webinar.
CE Approval: An application for CE approval has been submitted to DC, MD and VA. VA has approved.
Webinar Time: 10:30am - 12:30pm ET(Login to "sign in" at 10:15am)
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This Educational Program was developed and organized by the Appraisal Institute Chapter offering the Program with the intent of addressing topic(s) of current local interest solely for educational and informational purposes. The Appraisal Institute national organization was not involved in developing or organizing the Program.
The content of this Program, including but not limited to any written materials and presenter comments, does not represent the viewpoint of the Appraisal Institute (defined as including but not limited to, the national organization, its Regions, Chapters, members, candidates, affiliates and staff) unless formally adopted by the national Board of Directors. Further, the Appraisal Institute has not peer-reviewed or approved the content of the Program and does not warrant the accuracy or timeliness of the content of the Program. The content of the Program is subject to court decisions and local, state and federal laws and regulations and any such revisions of such laws and regulations.
This Program is presented with the understanding that the Appraisal Institute is not engaged in rendering legal, accounting or other professional advice or services. Nothing in the Program is to be construed as the offering of such advice or services. If expert advice or services are required, attendees and readers are responsible for obtaining such advice or services from appropriate professionals. State CreditPlease note that 100% attendance is required in order to receive any approved state credit or to be awarded AI CE points. It is imperative that you check with your state board for state approval information before completing registration. Other InformationIf you have a disability and require accommodation, please notify the sponsor at least two weeks in advance for reasonable accommodations to be arranged. The Appraisal Institute reserves the rights to cancel, limit, or reschedule the program and to change instructor assignments and facility locations at any time.
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