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"Tackling new projects takes a lot of time and effort. But with cbanc, this is a solution that gives me real work savings. Using the cbanc Network doesn't take up my time, it gives me my time back."

Rich Moldenhauer
Flagship Bank Minnesota

 
 
Real Estate Appraisal Checklist
Description: The FFIEC has very specific guidelines in their exam handbook on appraisal review procedures. This checklist closely follows those guidelines...in a user-friendly WORD format.

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MORE PEER CONTRIBUTED DOCUMENTS:

44 Documents 40 Answers 58 Exam Watches 9 Vendor Reviews

Appraisal Policy
Asset size: with between $500m - $1b
Description: This Appraisal Policy is four pages long and is an addendum to the Bank's Loan Policy. It was written by the Senior Asset Manager and incorporates the 12/2/10 Interagency Guidelines. The Appraisal Policy has been reviewed by FDIC examiners.
Appraisal Policy
Asset size: with between $250m - $500m
Description: This is a policy that addresses policy and procedures when dealing with appraisals and review appraisals.
Residential 1-4 Family Appraisal Engagement Letter
Asset size: with between $250m - $500m
Description: Residential Appraisal Engagement Letter 1-4 Family


RELATED QUESTIONS AND ANSWERS:
Q
Bank Purchase Communication Compliance Check-list
Asked by: AVP,‚ Marketing
Asset size: Bank with
Location:NE

I've been told we might be purchasing a bank in the near future and I was wondering if anyone had a great compliance communication check list I could use to build my own check list. Something that lists the time line of when certain communications need to go out to customers about the switch over. Or if you know of any compliance resource I can use, please share.

Thanks,
A
Answered by:VP, ‚ Compliance/BSA/Legal
Asset size: Bank with under $250m
Location: FL

I have included an Acquisition Compliance Checklist that can be purchased in cbanc. It m...
Q
Appraisal Policy
Asked by: VP,‚ Lending/Credit/Loan Admin
Asset size: Bank with
Location:IL

Can you use internally, a drive by appraisal/ tax assessment value for residental loans up to $250,000. Our plans are to state in our internal residentail real estate loans to use the above mentioned methods along with a recent old appraisal for loan to value ratio's under 60% or small loan requests. The drive-by would be completed by someone not associated with the loan. We have another officer who stated we must now get a state certified appraisal for all requests. Please let me know. Thank you Mike
A
Answered by:Manager, ‚ Audit
Asset size: Bank with between $500m - $1b
Location: NH

We use a tax assessment as a substitute for appraisals on smaller [less than $100,000] lo...


RELATED EXAM EXPERIENCES:
State Regulatory - S&S | May 2011
exam experience posted by a VP‚ Finance/Investments from member with under $250m in assets
Really nothing was unexpected.
FDIC - Compliance | December 2011
exam experience posted by a VP‚ Compliance/BSA/Legal from member with under $250m in assets
What letters did we send to our customers regarding the Opt-In/Opt-Out.
FRB - S&S | November 2011
exam experience posted by a Manager‚ Audit from member with under $250m in assets
They seemed to spend a lot of time on the teller area and cash controls. Other exams had indicated that this was not an area of focus.

RELATED VENDOR REVIEWS:
Commercial Real Estate Online
LoopNet
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Appraisal Management
Solidifi Inc
Shazam Real Time
Cardinal Software
WirePro Real-Time
Bankers Toolbox

 
 

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