Assist with content for educational offerings such as webinars, iGuides, and publicly distributed materials a focus on compliance and collateral risk.

Meet The Chairs

Wade Coffey

CHAIR

As a Certified Residential Appraiser for over 25 years, Wade Coffey serves as the Consumer Chief Appraiser of Bank of America representing the bank’s interest in the industry and to navigate and promote positive change.  He oversees a team of experienced appraisers and analysts managing the Bank’s staff appraisers, Appraisal Independence Program, complaint resolution, and appraisal escalations.  Wade’s experience has also included the independent oversight of compliance with appraisal regulations incorporated within bank policies and standards, monitoring the performance and compliance of Automated Valuation Models (AVM) model performance, as well as the rules engine for bank’s proprietary collateral risk tool evaluating appraisal risk for compliance and credibility.

Joshua Walitt

VICE CHAIR

Joshua Walitt is the principal consultant for Walitt Solutions. He provides short- and long-term consulting services related to compliance, valuation, education, review and investigations. Clients include lending institutions, appraisers, appraisal management companies, attorneys, education providers and federal and state regulators. With over 25 years of experience, Walitt’s skillset includes appraisal, banking, regulations, policy, instruction, licensing and enforcement. His core goal is to foster a clients’ efficiency, accuracy, compliance and growth through appropriate methodology and technology, sound reasoning, communication skills and proper oversight. Walitt has extensive background in education, mentoring, and learning platforms. Routinely, he designs and customizes seminars, webinars, and continuing-education courses for education providers, state associations, and other clients.  He writes for industry publications and speaks at events such as the Appraisal Institute’s Annual Conference, Appraisal Summit and Expo, Valuation Expo, Appraiser’s Conference and Trade Show, Association of Appraiser Regulatory Officials, and other client and industry conferences.
He is considered a subject matter expert on collateral valuation methods and compliance with standards and regulations. Walitt has been engaged for special projects related to property data collection (PDR and PDC), forms design, appraisal and review forms design, appraiser software, and UAD support. In 2013, he was the appraiser member of Colorado’s AMC Rulemaking Taskforce. In 2015, Walitt designed the Market Machine, a market analysis and modeling tool used by appraisers throughout the United States. He has also provided valuation consulting for domestic and international applications. Walitt has been recognized as an expert witness in local and federal court.
He is a Past President of the National Association of Appraisers after serving as the 2023 President and 2021 and 2022 Vice President. Walitt is an AQB Certified USPAP Instructor, holds the SRA & AI-RRS designations with the Appraisal Institute, is a member of the National Association of Appraisers (MNAA), holds a Certified Distance Education Instructor (CDEI) certificate, served on the Colorado Board of Real Estate Appraisers and is an Appraisal Institute approved instructor. Contact him directly at Joshua.Walitt@Walitt.com