Appraisal Review and Management
An area that was significantly impacted by the Dodd-Frank Act was the valuation process for real estate collateral. Community banks are facing unprecedented pressure and supervision in appropriately valuing their real estate collateralized loans. Many banks are challenged with interpreting the requirements for compliant collateral valuation, and the absence of trained personnel to address the independence requirements. Dittrich & Associates’ Appraisal Review team provides cost effective, professional Appraisal and Evaluation Review services on a temporary or contract basis. Additionally, we have developed regulatory approved policies and procedures to assist both large and small community banks in complying with the regulatory requirements.