SOURCE: National Association of Realtors

National Association of Realtors

October 05, 2010 12:20 ET

Media Advisory: NAR Valuation Summit

WASHINGTON, DC--(Marketwire - October 5, 2010) -

WHAT: NAR Valuation Summit
   
WHEN: October 6, 2010; 8:30 a.m. -- 3:30 p.m.
   
WHERE: Phillips Room, Palomar Hotel, Washington, D.C.

More than 20 government and industry leaders will participate in panels and roundtables during an all-day "Valuation Summit" sponsored by the National Association of Realtors® to find practical solutions to ensure fairness, accuracy, and independence in the valuation process. NAR recognizes that all types of valuations -- broker price opinions (BPOs), automated valuation models (AVM), and appraisals -- are critical to the now recovering housing market and its long-term viability.

David H. Stevens, FHA Commissioner, will headline the discussions in the keynote address to be delivered during at the noon luncheon.

The morning sessions will include an industry panel on "The Valuation Continuum," a legislative overview, and a private sector roundtable. Steve Fritts, associate director of risk management policy with the Federal Deposit Insurance Corp., will offer remarks.

The afternoon session will feature two panels: one on "Valuation and Property Values -- Federal Perspectives" and the other on "How Frank-Dodd Impacts Valuations."

NAR President Vicki Cox Golder, owner of Vicki L. Cox & Associates, Tucson, Ariz., will deliver opening remarks.

The schedule of events follows:

8:30 a.m. -- Welcoming remarks: NAR President Vicki Cox Golder.

8:40-10 a.m. -- "Industry Panel: The Valuation Continuum." Panelists are Ron Phipps, 2010 NAR president-elect; Donald S. Boucher, National Government Relations Committee, Appraisal Institute; Joe Robson, 2010 immediate past chairman, National Association of Home Builders; Donald Blanchard, past president, Title/Appraisal Vendor Management Association; Roy DeLoach, executive director, National Association of Mortgage Brokers; Robert E. Story Jr., chairman, Mortgage Bankers Association; and Larry Disney, past president, Association of Appraiser Regulatory Officials. Moderator: Iona Harrison, chair of NAR's HVCC Workgroup.

10-10:30 a.m. -- Legislative Overview with Todd Harper, senior director, House Financial Services Subcommittee.

10:30-10:45 a.m. -- Break.

10:45-11:15 a.m. -- Steve Fritts, associate director for risk management policy, FDIC.

11:15-Noon -- Private Sector Roundtable Discussion: Dale Ross, CEO, Real Property Resource; Helge Hukari, general counsel, Clear Capital; Ryan Sedgwick, manager, vendor relations, CoreLogic; and Mark Johnson, COO, LSI.

Noon-1:30 p.m. -- Lunch. Keynote speaker FHA Commissioner David H. Stevens.

1:30-1:45 p.m. -- Break.

1:45-2:30 p.m. -- "Panel: Valuation and Property Values -- Federal Perspectives." Alfred Pollard, general counsel, Federal Housing Finance Agency; Peter Gillespie, Federal Housing Administration; Jacqueline Doty, collateral policy director, Freddie Mac; and Robert Murphy, business manager, single family mortgage business, Fannie Mae.

2:30-3:15 p.m. -- "Panel: How Frank-Dodd Impacts Valuations." David S. Bunton, president, the Appraisal Foundation; James R. Park, executive director, the Appraisal Subcommittee; and Bruce Fitzsimons, president, Association of Appraiser Regulatory Officials.

3:15-3:30 p.m. -- Closing.

The National Association of Realtors®, "The Voice for Real Estate," is America's largest trade association, representing 1.1 million members involved in all aspects of the residential and commercial real estate industries.

Information about NAR is available at www.realtor.org. News releases are posted in the Web site's "News Media" section in the NAR Media Center.

Contact Information

  • For further information contact:
    Lucien Salvant
    202/383-1176
    Email Contact