Agenda

Tuesday, September 18, 2018

Go Beyond. Educate

8:00am - 4:00pm 2018-2019 USPAP Update Course, No. 101
The Appraisal Foundation's mandatory 7-hour USPAP 2018-2019 Update course is available onsite! This course is intended to fulfill the 7-hour requirement as established by the Appraiser Qualification Board (AQB) of The Appraisal Foundation. (Not included in conference price, this is an extra class)

1:00pm - 4:00pm  Fannie Mae and Appraisal Process Modernization
Fannie Mae wants to hear from you! Join this interactive brainstorming session to provide your input about appraisal process pain points and the opportunities for a more modern, efficient appraisal process. Fannie Mae appraisal policy staff will facilitate. To register for this session only and not attend the Summit, click here.

4:00pm - 7:00pm  NAA Board of Directors Meeting

 

Wednesday, September 19, 2018

Go Beyond. Educate

8:00am - 1:00pm Desktop Appraisals: Next Generation Valuations
This course provides resources, technology and tools for data collection and verification with instructions on how to best develop a credible sales comparison approach from the desk. Included is a high-level overview of forms currently in circulation and guidance on how to ensure USPAP compliance. This class is for appraisers interested in or wanting to gain more knowledge in completing desktop valuation services.  Topics to be covered are: Intended use and users; Clarity of the appraisal problem; and Proper scope of work determination.  Above all, this session consider how credible results are possible within the context of the intended use and the scope of work for desktop valuation services. (Not included in conference price, this is an extra class)

8:00am - 5:00pm Marshall & Swift Residential Cost Approach Course, No. 159
Learn how to develop replacement costs of residential buildings and other improvements using Marshall & Swift’s building cost service. Discover why various data is selected and how data is gathered. Gain a thorough understanding of the Square Foot Method, including identifying comparable building types, refining and adjusting the base cost, applying depreciation principles and modifying the final cost for localization. This course is a complete authoritative guide on how to produce an accurate and reliable cost approach valuation. Case studies used center on the many applications of Marshall & Swift's cost data and methodology behind the Cost Approach. All attendees will receive 8-hrs of class time CE credits. Upon completion of the course, attendees will have 30 days to take a voluntary online examination towards earning "Certification in Residential Cost Approach" from Marshall & Swift - the experts in building cost valuation.  (Not included in conference price, this is an extra class)

9:00am - 11:30am State Appraisal Organizations Meeting - Sponsored by the NAA
This meeting is primarily for the National Association of Appraisers board of governors and other state appraisal organization leaders.  The purpose of the Forum is to give state associations and coalitions the opportunity to network and address state and national issues post-Dodd-Frank and how they affect their members.  This meeting is open to all Summit attendees.

11:30am - 12:30pm Lunch

12:30pm - 2:30pm State Appraisal Organizations Meeting (con't) - Sponsored by the NAA
This meeting is primarily for the National Association of Appraisers board of governors and other state appraisal organization leaders.  The purpose of the Forum is to give state associations and coalitions the opportunity to network and address state and national issues post-Dodd-Frank and how they affect their members.  This meeting is open to all Summit attendees.

3:00pm - 4:30pm NAA Membership Meeting
This is a general membership meeting of the National Association of Appraisers.  There is a recap of the last board of directors and board of governor’s meetings and discussions on issues affecting the appraisal profession.  This meeting is open to all Summit attendees.

3:00pm - 6:30pm Registration Open

5:00pm - 6:30pm Welcome Reception
Join us for cocktails and networking to kick off the conference!

 

Thursday, September 20, 2018

Go Beyond. Envision


General Sessions

7:00am - 8:00am Morning Coffee Social

8:00am - 8:30am Opening Remarks
John Dingeman, NAA

8:30am  - 9:15am Real Estate Trends and Outlook  (Today's Reality & Tomorrow's Future)
Francois K. Gregoire - NAR
Kick off the Summit with a big picture overview of real estate markets across the country. How are prices, inventory levels, marketing times and changes in buyer’s preferences and habits affecting the industry. The future state of the market as seen by NAR appraisers.

9:15am - 10:00am Appraiser Standards & Qualifications Bulletin
John Brenan, Director Appraisal Issues for the Appraisal Foundation
Presenting the proposed changed to the 2020-2021 Uniform Standards of Professional Appraisal Practice and discussing the new appraiser education and experience requirements. Gain insight into the rationale behind the proposed USPAP changes, along with state board acceptance, adoption process and timeline for enactment of the new appraiser education and experience requirements.

10:00am - 10:30am Networking Break

10:30am-11:15am AMC Registration and Supervision
Jim Park, ASC
An overview of federal requirements for States that have opted to participate in the national AMC regulatory system will be given.  In addition, the new AMC National Registry, including its purpose, will be discussed. Other topical federal and state appraisal legislative and regulatory activities will be highlighted to keep appraisers and other stakeholders on the cutting edge of activities in Washington, DC and around the country.

11:15am-12:00pm GSE Roundtable
Julie Jones, Fannie Mae & Scott Reuter, Freddie Mac
An examination of the changes coming down the pipeline from Fannie and Freddie. With a look at new policies, exemptions, waivers and appraisal threshold levels, along with progress being made under the Uniform Mortgage Data Program (UMDP) as it relates to appraisers. Also, find out if new forms are on the horizon. And if so, what type of changes are being considered and to what extent will practicing appraisers be involved in the development process. 

12:00pm - 1:00pm Lunch

Appraiser Track

1:00pm - 1:45pm Origins of Lender's Assignment Conditions
Katherine Owen, Bank of America & Jared Mickel, Lender Reviewer
GSE requirements are the source of many different lender’s assignment conditions. You’ll gain insight into what FHA strives to accomplish by having minimum property standards and how assignment conditions help mitigate risk and build consistency among appraisers and appraisal outcomes. 

1:45pm - 2:30pm Inspection Tips, Tricks & Tools
Joel Baker, a la mode
This session provides useful tips, tricks and tools for accelerating the inspection process. Optimize driving routes to cut fuel costs and tracking mileage through an app is just smart. Accessing and utilizing your data from the field is a time saver. Tricks to help you take better photos will make you look good. Even tips to solve the most common digital measuring puzzles using practical solutions will separate you from the pack. After this session you’ll be ready to leave your clip boards, measuring tapes and bulky cameras behind.

2:30pm - 3:30pm Networking Break

3:30pm - 4:15pm Deriving and Supporting Your Adjustments
Bryan Reynolds, Appraiser eLearning
The age-old debate ends here!  Adjustments are a science while reconciliation is an art. This session will provide the science behind deriving adjustments and the art of summarizing each outcome in a way that is meaningful to the intended user. This session will show how the data available dictates approach and techniques used.  This is necessary to comply with USPAP, ensure accuracy, prove and defend conclusions and above all, preserve public trust.

4:15pm - 5:00pm The Value of the Cost Approach
Edward Martinez, CoreLogic | Marshall & Swift
This session awakens appraisers to untapped potential of the cost approach in today’s appraisal analysis. First, busting all the myths associated with the cost approach, then building confidence in cost data service providers and finally, driving home the unwavering soundness of this approach to value. Provided within the presentation are various resources available to increase aptitude in the cost approach. Considering appraisers are required to determine the relevancy of the cost approach in every assignment, competency in competing the cost approach is essential and fundamental to be an appraiser. 

Appraisal Management Track

1:00pm - 1:45pm Vendor Management Building a Best in Class Appraiser Panel
Chris Hunt, Clear Capital
Learn how to successfully select and on board new appraisers from the manager of one of the largest vendor panels in the nation. Discussion on ways to minimize obstacles, use assignment logic to reward good performance, ways to provide ongoing, timely feedback, and set expectations to reinforce desirable habits. You will also learn the benefits of real-time assistance, assignment specific training and competency building programs.

1:45pm - 2:30pm Leveraging Your Review Appraisers
Rick Langdon, Wells Fargo
This session provides insight into how Wells Fargo is changing the way of leveraging reviewer’s internally and externally to make the most of this QC function. Oftentimes reviewers are the voice of the client, corresponding with many, if not all the field appraisers in their respective markets. Having your reviewer team on point and working in unison impacts your business positively. This group is the gateway to standardization and it starts with getting the entire review team on the same page.

2:30pm - 3:30pm Networking Break

3:30pm - 5:00pm Inviting Big Data & AI
Jeff Bradford, Bradford Technologies
Big data and artificial intelligence is not a replacement for appraisers, but instead a compilation of industry insights best decoded and understood by appraisers. In an era of endless amounts of information, the appraiser’s role has officially shifted away from gathering data to focus more heavily on sifting through the data, analyzing the data and finding meaning within the data for the client. Artificial intelligence is only as good as its inputs and interpretation. This session discusses how data analytics and artificial intelligence combined with appraiser expertise and oversight is the next wave of the future.  

 

Friday, September 21, 2018

Go Beyond. Empower

 

Appraiser Track

8:00am-8:45am Automating Your Appraisal Business
John Dingeman, Landmark Network
The thought of automating, introducing new technology into practice or changing old habits may sound daunting or overwhelming. "If it isn't broke, don’t fix it,"...right?  Wrong!  This session covers the benefits of evolving and embracing advancements in technology.  Learn what specifically has worked for others in this field and compare some of the new technologies and tools available. That ever-dreaded learning curve is going to be offset by the ongoing future benefits! 

8:45am -9:30am New Appraisers Welcome: The Advantages of Sponsoring a Trainee
Brianne Brown, Town and Country Residential Appraisals, Tracy Sanderson, CoreLogic and Michael Simmons, Axis Appraisal Management
Contemplating an appraiser apprentice? This session showcases the benefits of sponsoring a trainee - increased productivity, expansion opportunities and the value of an outside perspective - just to name a few.  Not to mention, the personal gratification that comes with mentoring and the self-reflection that naturally occurs as you teach someone your practice. Get tips on how to get started from those who have taken the plunge and now have a talented new appraiser to show for it. This session outlines what to expect in the first 30, 60, 90 days and beyond. 

9:30am - 10:30am Networking Break

10:30am - 11:15am Emerging Opportunities in Desktop Valuations
Jim Baumberger, First Choice AMC
Learn what all the hype is about when it comes to the next line of appraisal products and services. Hybrid, bifurcated, desktop, alternative - we have all heard these buzz words before, but may not understand what the buzz is all about. Learn the terms, the need for these new products/services within the industry, the most likely intended use and users, common misunderstandings, USPAP compliance and much more. This session discusses how credible results are possible in the context of the intended use and within the scope of work. 

11:15am-12:00pm 
Appraisers and Data Privacy
Tim O'Brien, Clear Capital
In an era of frequent data breaches and comprised privacy, it is important for appraisers to know and understand their role in keeping data safe. This session breaks down what measures an appraiser needs to take to safeguard access to confidential information and assignment results by unauthorized individuals. Learn what additional protocols are needed when employees, co-workers, sub-contractors or others have access to confidential information or assignment results. Don’t miss out on this relevant and time sensitive topic!

Appraisal Management Track

8:00am - 8:45am Keeping up with the Joneses: Managing a Dynamic Compliance Process
Jim Wells, Validox
Pursuant to federal, state and secondary mortgage market regulations, mandates to complete constant due diligence, with validation and competency testing on their appraisers is a realism for all real estate lenders. This session addresses the mounting list of compliance rules required of lenders including USPAP,  geographic and appraisal product competence, and Appraisal Subcommittee good standing. Learn how to best keep up with the Joneses when it comes to managing a dynamic compliance process.  

8:45am -9:30am Future Forward: AMC Legislative Efforts & Updates
Scott DiBiasio, Appraisal Institute
Current AMC regulations and the legislative efforts being made to enhance transparency, oversight and reporting will be presented. A few of the hot buttons to be discussed include visibility into how AMCs fund operations, collection and transmission of AMC registry fees, state reporting burden and reasonable registration and regulatory structure for AMCs. A status update and timeline for each initiative will be provided, along with the agencies responsible for election and supervision. 

9:30am - 10:30am Networking Break

10:30am - 12:00pm The Appraisal Manager's New Best Friends: Tools that make managing appraisers easier than ever
Greg Fandrick, ANOW, Tom Shulsky, Appraisal Scope and Shawn Telford, CoreLogic
Discover some fantastic new tools and services available to delegate assignments, automate scheduling and invoicing, communicate, track performance, and more! These tools provide visibility into every facet of the business. Don't miss this session if you interested in appraisal management solutions. 

General Sessions

12:00pm - 1:00pm Networking Break

1:00pm - 1:45pm Putting Up a good fight when dealing with complaints
Craig Capilla, Franklin Law Group and Jeff Morley, Morley & McConklie
Don’t go the road alone. The session covers the do’s and dont's in handling complaints and bring awareness to some of the many support groups and advocates available to assist appraisers faced with a compliant from the state or prosecution. Attorneys know the law, but may not know appraisal. Learn how to respond to complaints, what role E & O insurance plays and whom to engage for help. You’re not alone!

1:45pm - 2:30pm Mortgage Fraud is Alive & Well
Jeff Jensen, FBI
This session takes you through the most prevalent kinds of mortgage fraud nowadays. Provide intelligence to best spot these schemes and the active role an appraiser can take in preventing fraud. Aside from just being a fascinating topic, this session explains how appraisers must be vigilant to help protect clients and help avert these criminal activities.  

2:30pm - 3:00pm Networking Break

3:00pm - 3:45pm Reinventing the Appraisal Process
Heather McLaughlin, Quicken Loans
In a world in which instant gratification is the norm, what advances are being contemplated or currently in place in the lending industry to satisfy these customer demands. This session offers insight into changes in borrower behaviors, preferences and expectations. Discover how Artificial Intelligence (AI) and big data has led Quicken Loans transformation and is paving the way for success, including J.D. Power’s Highest in Customer Satisfaction Award in the US over the past 8 consecutive years. This session, also encompasses a dialog around next steps in this progression and how the valuation industry can help drive this transformation. 

3:45pm - 4:15pm Appraiser Call to Action
John Dingeman, NAA & Mike Brunson, NAA
It’s time! Our profession is changing whether we like it or not and whether we are ready or not. Sitting back and observing the world change around us is not an option. We must and should be the driving force that shapes the future of our profession, exhibiting the following: 1) become better informed, 2) get involved, 3) work together and above all, 4) provide solutions. This session is a call to action. Leave this conference inspired, with direction and purpose and the resolve to be a driving force!  

4:15pm - 4:30pm Closing Remarks & Conference Wrap-Up
Heather Sullivan, The Columbia Institute