Residential Schedule & Sessions
Day 1 | Residential Track
September 27 | 8:00am – 12:00pm ET
CE Credit: NC Appraisal Board approved for 4 hours
8:10 AM | Property Tax Appeals and The Appraiser | Miles Hamrick Sr., Miles Hamrick Appraisal Services, Inc.
This presentation includes information not typically used by the appraiser in their daily practice. We will discuss the history of the North Carolina Machinery Act, on which the “rules” are based for reevaluations in North Carolina, and specific “scope of work” items missed by many appraisers when performing assignments for property tax appeals. This overview will provide the attendees with a basic outline of information and resources to assist them in completing this type of assignment.
9:10 AM | Property Appraisal and Valuation Equity | Lorenzo Claxton, NC Field Office - U.S. Department of Housing and Urban Development
This session will discuss the structure of the US Department of Housing and Urban Development (HUD) and the role of the North Carolina Field Office. Attendees will learn the functions of the Office of Field Policy and Management and will discuss multiple HUD-related topics including the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE), fair housing facts and statistics in North Carolina, grant programs, and new HUD initiatives in housing.
10:10 AM | Mortgage Lending Trends & Analysis | Bobby Boykin, Southern Bank
Participants will gain insights into recent and historical trends in mortgage lending in North Carolina, and the role of the appraiser and appraisal in that process. The session will address current issues in conventional underwriting, as well as VA, USDA, and FHA Mortgage Lending. Attendees will hear feedback on how insightful appraisal analysis benefits underwriters and identify common mistakes found in appraisals.
11:10 AM | Shelter from the Storm: How a COVID Mortgage Meltdown was Averted | Mark Calabria, Cato Institute
The COVID-19 pandemic upended our daily lives and transformed the political landscape. While the primary focus of the federal response was appropriately on public health, a critical aspect of that response was the efforts to keep families in their homes. This session will educate attendees on how millions of families were provided mortgage and rental assistance both to keep them safe and to keep our financial markets functioning.
