Jan 14, 2026
This session will help you understand requirements around valuations: credibility processes, instituting and maintaining a Reconsideration of Value (ROV) process, and handling Automated Valuation Models (AVMs).
January 14, 2026
11:00 am - 1:00 pm EST
In 2024, the regulatory agencies issued instructions to examiners on examining lenders' processes for ensuring the valuations they accept are credible. They also issued interagency guidance on ROVs, which creates clear expectations on mortgage lenders to formulate and execute programs to provide customers with access to ROV requests, as well as how to handle them once received. It is important to note that this guidance has not been rescinded by the new administration. HUD, FHFA, and Fannie Mae and Freddie Mac have issued guidance over the past few years as well, although some of this has been changed. This is an issue that has been a long time coming in light of reported activity around appraisal bias and related issues. While there is no "one size fits all" requirements here, it is important that lenders adopt appropriate policies, procedures, and processes around ROVs. Part of the challenge is understanding precisely what an ROV request is. It is important to note it is not only about bias - there are a number of reasons an appraisal may be flawed, and this broad application must be utilized when executing an ROV process. There are also a number of disclosure requirements that go along with this, as a means to notify customers that they have the ability to contest an appraisal if they wish. Then, what do you do if the appraisal is in fact fatally flawed? Should (or can) you order a new one? What about charging the borrower a fee for that second one? Doesn't that fly in the face of appraiser independence? In this webinar, we'll address all these important questions, as well as provide practical advice on how to incorporate this critical new requirement into your lending program.
What You'll Learn
Carl Pry, CRCM, CRP
Senior Advisor
Carl Pry is a Certified Regulatory Compliance Manager (CRCM) and Certified Risk Professional (CRP) who is a Senior Advisor for Asurity Advisors in Washington, DC. Through his more than 35-year working career, as well as through his experience as a banking attorney and officer, he has provided a variety of regulatory compliance and financial performance services to financial institutions and other clients throughout the country. He has written extensively regarding consumer and commercial compliance, tax, audit, and financial institution legal issues, and is a frequent contributor to and currently serves as the Chair of the Editorial Advisory Board for the ABA Bank Compliance magazine. He has spoken at scores of banking, compliance, and state bar associations, and has conducted training sessions for financial institutions across the country.
Who Should Attend?
This session is ideal for lenders, processors, compliance professionals, auditors, management, legal staff, and anyone involved in the process of accepting and evaluating valuations (appraisals and more) in connection with mortgage loans.
Continuing Education Credit Information
Appraisal Bias, Reconsiderations of Value (ROVs), and Automated Valuation Models (AVMs): Regulatory Expectations and How to Put Together Your Valuation Process has been approved for 2.5 CRCM credits. This statement is not an endorsement of this program or its sponsor. Credits are redeemable for both Live and OnDemand viewing. For questions on certificates, please email support@oncourselearning.com. Certification holders must report these credits at https://aba.csod.com.
Live Webinar - $299.00
Available Upgrades
**100% surcharge applied to non-members.
Katie Yates
Education Coordinator
o: 317-387-9380
d: 317-333-7162
kyates@indiana.bank