15. VGPA 2 - Valuations for secured lending Flashcards by Jack Robinson

Q

Main factors to consider for VPGA 2?

A

Any previous involvement must be disclosed
Previousinvolvement is being within the past 2 years
Reporting procedures

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Q

What areexamples of invovlement that could lead to COI?

A

Longstanding professional relationship with borrower or owner
Gaining a feww from introducing the transaction to the lender
Rules of Conduct

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Q

Minimum reporting standards

A

Valuation methodology
Suitability for mortgage purposes
## Assumption / Special Assumptions

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