Be Watchful for Appraisal Flaws
Reading Time: < 1 minuteWe’ve spoken with several bankers lately that felt their loan grading and related collateral (mostly real estate) appraisal were pretty solid; then they experienced some pretty big “wake-up calls” when examinations pointed out the flaws in their loan analyses, grading, and supporting collateral valuations. Actions to Alleviate Your Risk for …