Digital Appraisal Mastery: Preparing Your Credit Union for Modern Valuations
Tuesday, December 5, 2023 at 1:00 pm CST
Session Description
Accurate, unbiased, and timely real estate appraisals still create problems for some credit unions, and failure to embrace digital options in 2024 will only worsen matters. With the advent of digital hybrid appraisal, GSEs like Fannie Mae and other stakeholders are preparing to unleash the most dramatic changes in appraisal modernization in the past 20 years. Credit unions not prepared for such changes may fail to keep pace with the competition, and that’s something no institution can afford to do.
Current and upcoming modernization efforts focus on solving issues of appraiser capacity, eliminating bias in appraisal, and giving the industry a high level of risk management on property conditions that are critical to reducing institutional risk. During this Inside Track Webinar, participants will be introduced to the technology driving the changes and strategies for implementation by two leading industry experts – Mark Walser, president of Incenter Appraisal Management, and Sally Carothers, president of TrUnion. The pair have joined forces under the Class Valuation banner to guide credit unions through the intricacies of modern appraisal solutions.
The experts will showcase advanced property data collection technology, provide a clear understanding of how it enhances credit union member-borrowers’ experience, explain how to apply it and streamline processes that improve both the accuracy and efficiency of the appraisal process. Consider this webinar an essential tool for helping your credit union understand and embrace the rapidly evolving appraisal landscape. It may be the best holiday gift you can give yourself this year.
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Speakers
Mark Walser
President, Incenter Operations
A Class Valuation Company
Mark Walser is president of Incenter Appraisal Management, a leading national Appraisal Management Company serving credit unions in all 50 states. Mark is a past HousingWire Tech Trendsetter Award Winner for Virtual Appraisal Inspection Technology and has been a featured speaker at numerous lender and appraiser events on valuation modernization, as well as a partner with Fannie Mae and Freddie Mac on appraisal modernization initiatives. Mark grew Incenter from a regional firm to a national firm with a stellar reputation with appraisers and lenders for customer service, fast pay, and a focus in excellence that saw Incenter become one of the leading technology enabled AMCs in the business. Mark has a passion for credit unions as a long time ACUMA partner, and is committed to enabling credit unions to lead the next generation of lending with valuation modernization. He resides in Charlotte NC, with his family.
Sally Carothers
President, TrUnion Operations
A Class Valuation Company
Sally Carothers is president of Trunion, a Class Valuation Company that specializes in managing valuation services for Credit Unions. Sally grew up and was educated in England gaining a bachelor’s degree in Urban Land Management. She is a Fellow of the Royal Institute of Chartered Surveyors. She moved to the US to attend graduate school at the University of Arkansas and still resides in Fayetteville today, Sally has more than 30 years of appraisal experience and is a Certified General Appraiser in Ohio, Arkansas, Illinois, and Nevada. Sally is an active advocate for the appraisal profession and involved with various appraiser organizations. She sat on the Industry Advisory Board of the Appraisal Foundation. Sally routinely writes and presents valuation related topics for appraisers and Credit Unions. Over the last 5 years, Sally and TrUnion have been at the forefront in providing education and policy for credit unions and appraisers to prevent valuation bias and discrimination. TrUnion and Class Valuation actively partner with appraisal firms that promote appraiser diversity and is developing an appraiser diversity scholarship program to encourage greater access to Fair Housing education.
Class Valuation stands as a pioneering Appraisal Management Company, uniquely equipped with a dedicated Credit Union Service Division. With over 500 skilled employees and more than 2 million appraisals completed, our expertise is tailored to meet the specific needs of credit unions. Our team, boasting a combined experience of 35 years in credit union-specific appraisals, ensures a high-touch, customized process, keeping you just a phone call away from from the best service experience in the industry. Committed to enhancing the member experience, Class Valuation offers the tried-and-true Property Data Advantage for appraisal modernization, ensuring reliable, efficient service in every transaction.