Suzanne Storm Assumes Major Appraisal Review Responsibilities

01/29/2014

Ardmore Banking Advisors is pleased to announce that, effective immediately, Suzanne Storm, (pictured at left) our Senior Consultant for Credit Policy & Risk Management, will be assuming major responsibilities for our clients' appraisal reviews. Our primary appraisal review expert, Carl Chew, will be devoting most of his time to providing our Loan Review services, but has been working closely with Suzanne in the transition to her new responsibilities.

Suzanne is uniquely qualified for this assignment, having spent nearly 30 years in the banking industry in senior positions, providing credit approval, oversight and credit policy development and management for banks including Wells Fargo, Wachovia, and Mellon, before joining Ardmore Banking Advisors in 2012. Her career includes additional experience in management of middle market lending areas and troubled assets

We are confident that Suzanne will continue to provide with the superior appraisal review service that Carl has for over 14 years. Please contact Suzanne for any of your appraisal review needs:

Suzanne Storm
Senior Consultant, Credit Policy & Risk Management
sstorm@ardmoreadvisors.com
704-562-9877


In addition, Ardmore Banking Advisors has reviewed the 2014-2014 Uniform Standards of Professional Appraisal Practice (USPAP), and found several revisions to the prior standards that may require you to change your appraisal policy to conform to the types of reports being required and your engagement letters with your appraisers.

For more information about these revisions, please click here to see our viewpoint.