Eight years have passed since the worst recession since the Great Depression. Reports have shown that since then, progress has been made in creating a more stable and secure financial system. But what will come in November once a new presidential candidate is selected? By the time Valuation Expo takes place in Las Vegas, it will be decided who will be the next U.S. president. What better time to have a frank discussion about what went wrong eight years ago and identify key areas that will shape the future of housing finance and appraisal reform.
If you haven’t checked out the schedule for Valuation Expo, the two-day event is filled with an informative agenda that will grow and develop your professional appraisal career. The conference will kick off with Rob Chrisman, who’s professional career offers commentary ranging from production, to compliance and secondary marketing. At Valuation Expo, Rob will provide a discussion on how industry stakeholders use appraiser’s reports and how important their role is in housing finance.
The second half of day one includes a session on big data. If there is a lesson learned from the finance crisis it is that appraiser’s independence needs to be respected and valued. Appraisers know that public record data and MLS data often just isn’t reliable. The appraiser is that independent trusted local market expert. In this session appraisers can learn how to leverage access to data and analytics tools. Appraisers can expect answers to what clients will expect going forward, and how the role of the appraiser might change in the future.
On day two of the conference be prepared for an interactive session that will grow your knowledge and understanding of Fannie Mae’s end-to-end collateral risk management cycle. Fannie Mae’s Director of Collateral Strategy & Policy, Zach Dawson, and his team will provide a robust understanding that reliance on arbitrary guidelines have unintended consequences. This session will demystify Collateral Underwriter (CU), including understanding CU scores, flags and messages, how CU looks at resubmissions and some insight on how CU analyzes adjustments by performing regression analysis using millions of property transaction to produce statistically-derived and market-specific adjustments.
Post mortgage crisis, a lot of focus was placed upon the appraisal and the appraisal process. Appraisals and the appraisers who perform them have never been held more accountable or more highly scrutinized than today. In the second half of day two during Valuation Expo, learn what your clients expect to see in a report and the best practices to achieve optimal results. Learn what legacy practices you might have that can be jettisoned to achieve a better outcome. During this panel there will be a vibrant Q&A session to allow your feedback, so it’s not to be missed.
Join the “thought leaders” at Valuation Expo in Las Vegas, NV, November 10th – 12th. Appraisers cannot afford to sit on the sidelines and not be a part of the most important appraisal conference for valuation professionals. Our host hotel, Flamingo Las Vegas Casino and Hotel offers everything an adventurous vacationer could want. Be sure to book your room early, the room block ends Sunday, October 23rd. Register TODAY for 25% off any conference pass. Use code REFORM at checkout. For more information about valuation expo visit valuationexpo.com or email firstname.lastname@example.org.
Some General Info:
What: Valuation Expo Las Vegas
When: November 10-12th, 2016
Where: Flamingo Hotel & Casino
3555 South Las Vegas Blvd.
Las Vegas, NV 89109
How: Use this link to Register. Use code REFORM for 25% off any conference pass.
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