EvolvE VCS

Compliance

Compliance

The Interagency Advisory on Use of Real Estate Evaluations in Real-Estate Related Financial Transactions

This advisory summarizes federal banking regulatory agencies’ existing supervisory expectations for the use of an evaluation instead of an appraisal for certain real-estate related financial transactions. It also addresses the use of alternative valuation approaches, methods, and other information that financial institutions may use to develop an evaluation.

To view the Advisory, click here.

 

The Interagency Guidelines for Appraisal and Evaluations

The most recent version of this document discusses expectations of the agencies in regards to valuing real estate properties for real-estate related financial transactions.

To view these guidelines, click here.

 

Uniform Standards of Professional Appraisal Practice (USPAP):

These are the generally accepted standards for professional appraisal practice in the United States.  USPAP contains standards for all types of appraisal services.

For more details, click here.

 

COMPLIANCE REVIEW We act as a third-party resource for compliance reviews on a variety of valuation products for lenders and other real estate organizations throughout the Southeastern United States. Evolve can also perform compliance reviews for your entire valuation process from policies and procedures development to portfolio audits.