Trice joins 75 Industry Leaders in D.C. for First Collateral Matters Congress

In its commitment to helping shape the industry, the Appraisal Institute hosted the first-ever Collateral Matters Congress March 8-10, in Washington, D.C. At the event, over 75 appraisers and members of related professions brainstormed solutions to a variety of problems facing the industry today. Leland Trice of The Trice Group was among those selected to attend this invitation only event.

Led by independent moderator Duke Kuehn, Congress participants broke into breakout groups, which then navigated through topics such as: regulation and licensing; appraisal practice, methods and theory; systemic issues regarding collateral; and the appraisal profession and the Appraisal Institute. The groups then reconvened to present their findings and ideas to the rest of the Congress, who then asked questions to flesh out the concepts presented. These were then made into recommendations for actions going forward.

Prior to the breakout sessions, a panel gave an overview of some hot topics from their individual perspective, including Rachel Dollar, Esq., who runs www.MortgageFraudBlog.com; Joseph Swartz, Director of Securities of Deutsche Bank, who provided the secondary market perspective; Jeff Bradford, President of Bradford Technologies; Tim Doyle, Vice President of Conference of State Bank Supervisors, who spoke on the SAFE Act; and Alfred Pollard, General Counsel of the Federal Housing Finance Agency.

To help facilitate openness among the participants, all of their comments during the Congress were "off the record". However, Appraiser News Online and Valuation magazine will provide further coverage of the recommendations as details become available.