Coester Appraisal Group Announces Lender Education Session on Dodd-Frank Act Req

uirements
Free webinar will focus on lender compliance and address most common lender issu
es
Rockville, MD - October 25, 2010 -- Coester Appraisal Group, a nationwide apprai
sal management company, has announced that it will be hosting an online educatio
nal webinar training session on lender requirements mandated in the Dodd–Frank Wal
l Street Reform and Consumer Protection Act that was signed into law by Presiden
t Obama in July 2010. The webinar, which is part of a series of online education
al programs hosted by Coester Appraisal Group, is complimentary and scheduled fo
r November 23, 2010 at 2:00 PM EDT. All lenders are welcome to attend. Registrat
ion is mandatory.
Over 132 pages of the Dodd–Frank Wall Street Reform and Consumer Protection Act ar
e dedicated to appraisal related issues. Among the provisions are fiduciary stan
dards, lender compensation, licensing requirements, disclosure and documentation
requirements, new deadlines, and many others. The lender education session will
address the some of the most important issues pertaining to lenders within the
bill and will be hosted by a seasoned mortgage and real estate trainer with thor
ough knowledge and expertise of the mortgage requirements in the Dodd-Frank Act.
“The Dodd-Frank Act is extensive—there are a lot of new requirements and several of
them are vague and hard to interpret,” said Brian Coester, CEO of Coester Appraisa
l Group. “The general feedback I’m getting from lenders is that they’re either confuse
d or overwhelmed by the mass quantity of detail and information in the bill. Wit
h the increasing amount of pressure being put on lenders these days, they’re hungr
y for answers and explanations. This webinar will address as many of those issue
s as we can cover in 45 minutes.”
Coester Appraisal Group’s series of educational programs has included sessions on
how to submit appraisal value reconsiderations and understanding desktop apprais
als. Over 400 mortgage professionals attended the value reconsiderations event o
n October 20, 2010 and nearly 2,000 have registered for the November 2, 2010 sem
inar on desktop appraisals.
“Coester Appraisal Group has been in business for over 30 years and we’ve always had
a commitment to going the extra mile and helping our customers achieve success,”
said Coester. “Our educational seminars are just an extension of that. The more ed
ucated lenders are, the better and safer their loans will be. That’s important for
them to achieve success and maintain longevity in the business, and it’s also a h
uge benefit for the borrower, the housing industry and the overall economy.”
For more information on Coester Appraisal Group’s educational seminars, including
how to register for an event, please visit www.CoesterAppraisals.com or email sa
les@coesterappraisals.com
Go To Meeting Webinar Training
https://www2.gotomeeting.com/register/155338483
About Coester Appraisal Group:
Coester Appraisal Group is a nationwide appraisal management company specializin
g in high quality appraisal reports that comply with all industry guidelines and
regulations. The company is headquartered in Rockville, Maryland and was founde
d in 1970 as a local appraisal company. The company has since grown to a formida
ble force in the appraisal management segment, and has access to a qualified net
work of 100,000 certified appraisers in 50 states. For more information please v
isit Coester Appraisal Group online at www.CoesterAppraisals.com.
PRESS CONTACT
Jeri Yoshida
Strategic Vantage Marketing & Public Relations
Rockville, MD
(310) 396-8813
JeriYoshida@StrategicVantage.com
http://www.CoesterAppraisals.com