COURSE APPROVAL INFORMATION
AL – Course #C02830
AZ – Course #D0323-0000007
AR – APPROVED
CA – Course #2310501044
CO – Course #2350
GA – Course #76182
FL – 3685
HI – Pending
IL – Course #575.010619
IN – Pending
KS – Course #402.C23.N
KY – APPROVED
LA – Course #A0033
MD – APPROVED
MA – Course #1360017
MO – APPROVED
MI – Course #2392
MN – Course #1034821
MS – Course #50465
NE – Course #2233419.33
NM – Course #4209
NV – Course #CE.0009655-A
NH – Pending
NJ – Course #2023-202
NY – Course #A5599-04
NC – Course #4542
OH – Course #Q04301303A 23
OK – Course #714
OR – Course #APEL-C-0223-0048
PA – APPROVED
SC – Course #CE.2075
TN – Course #2651
TX – Course #45307
UT – Course #AC230230
VA – APPROVED
WA – Course #A23009523
WV – APPROVED
WI – Course #Pending
*Pending approval in many states; please contact us at support@appraiserelearning.com with any specific questions about state approvals*
This 4-hour course will explore the GSEs’ transition to alternative valuation methods. We’ll address your concerns about desktop and hybrid appraisals, third-party data collections, remote inspections, and collateral risk concepts. We’ll also explore the cutting-edge technology, big data, and computer analytics that make these new services possible. Think of this course as your how-to guide to navigating consumer and client expectations, adopting new technologies and workflows, and satisfying regulatory requirements—all so you can continue to thrive as an appraiser.
1. Review a brief history underlying the FHFA’s directive that the GSEs must develop and implement “Appraisal Modernization”
2. Present an overview of definition and regulatory changes to FIRREA, the Interagency Appraisal and Evaluation Guidelines, and the Dodd-Frank Act that authorized alternative valuation services
3. Introduce the new technological advancements that support a reengineering of traditional appraisal practices
4. Explore the new concepts, or frameworks, for collateral risk mitigation initiated by the GSEs
5. Discuss the new terminology employed to articulate new valuation practices, services, and tasks
6. Explain the GSEs implementation of “property data collections”
7. Identify who performs property data collections, and what property data these collections include
8. Introduce and define the Desktop Appraisals and Hybrid [Desktop] Appraisals
9. Understand the eligibility requirements adopted by the GSEs for Desktop Appraisals and Hybrid [Desktop] Appraisals
10. Examine in detail the requirements and Scope of Work for the GSEs’ Desktop and Hybrid alternative appraisals
11. Learn how to perform alternative valuation services in a compliant manner based on USPAP and appraisers’ best practices
12. Identify the cases, factors, and situations that compel appraisers to decline desktop valuation assignments and learn how to effectively recommend appraisal upgrades to clients
Refund/Cancellation Policy:Refund requests must be made at least 24 hours prior to the start of class. Cancellation must be in writing. No refunds will be given within 24 hours of class start.
CE Attendance & System Requirements:
*KNOW YOUR TIME ZONE: We’re on CENTRAL TIME, and class starts at 10AM CT sharp!
If you are on Pacific Time, Class is from 8AM-12PM PT (doors open at 7am)
If you are on Mountain Time, Class is from 9AM-1PM MT (doors open at 8am)
If you are on Central Time, Class is from 10AM-2PM CT (doors open at 9am)
If you are on Eastern Time, Class is from 11AM-3PM ET (doors open at 10am)
How do I register?
What happens once I purchase?
What do I need prior to class?
Use the Zoom meeting link to join the class 30 minutes before class start time, so we can get you checked in.
Where is my link to join class?
What should I expect on class day?
What is your refund/cancellation Policy if I have to miss the class?
What’s required for CE credit?
What features should I be aware of on the Zoom platform?
What happens after class ends?
How can I reach out if I still have questions?
Course Author
James A. Baumberger is CEO and part-owner of First Choice Appraisal Management (FCAM), operating an ethical cost-plus business model in CA, ID, NV, OR, and WA. Jim has an outstanding record of providing inspirational executive leadership for appraisal organizations serving the financial services industry. His past positions include Collateral Services Manager for Washington Mutual, Regional Chief Appraiser for Bank of America, Division Appraisal Manager for World Savings, Mortgage Group Leader for Wachovia Bank, and President of Synergy Appraisal Services.
As a certified residential appraiser, Jim’s 28 years of professional appraisal practice includes valuation services for eminent domain, lending, litigation, marketing, and relocation purposes. In addition, Jim has authored numerous qualifying and continuing education courses and training seminars for industry professionals. He frequently presents customized training for agents, appraisers, loan originators, loan processors, and mortgage underwriters.
Jim served for four years on Oregon’s Appraiser Certification and Licensure Board (ACLB), which is the state’s regulatory agency for appraisers and appraisal management companies, including two years as ACLB Board Chair from 2014 through 2016. He currently serves on the executive board of the Oregon Mortgage Bankers Association (OMBA) and chairs the Oregon Association of Realtor’s Appraisal Subcommittee (OAR). With his compliance knowledge, appraisal and real estate expertise, and lending experience, Jim is well-prepared to instruct industry professionals and empower their success.
FHA Roadmap | Live Zoom Class | July 12th
