The North Bay Chapter hosted its first meeting of 2010 on January 26th at the Sheraton in Petaluma.

Steve Palubinskas of the REAA North Bay chapter presented "Securitization and the Secondary Markets: The Bailout", an overview of the contributory causes of the mortgage melt down and ensuing financial crisis of 2008 opened the presentation. Analysis of the present situation of our financial system and indicators of future loan performance were presented along with information regarding the bail out and its potential implications.

The North Bay Chapter would like to thank Steve for giving a clear overview of the structure and causes of the financial crisis and the bailout.

On Nov 12, 2009 the North Bay chapter sponsored a 2 hour continuing education class and lunch for members.

 

The "Future of Appraising" topics included eight areas of interest for members to get information, find new resources and share opinions on some of the most common issues appraisers face.

 

Eight moderators lead the discussions on issues from geographic competency, review appraising, common interest developments, 1004MC, USPAP updates, trainees/trainers, green building and unique properties.  

 

The meeting concluded with the voting for North Bay board members for 2010. We would like to extend our congratulations to

Robert Borgognoni, Steve Palubinskas, John Rusting, Connie Siebler and James Webster.