Collateral Evaluation Services, Inc.

Larry R. Woodall - Founded Collateral Evaluation Services in April of 2007 and later formed it into an LLC in March of 2008. He is currently the Managing Director and Chief Appraiser of the company's Atlanta Office and is responsible for the overall leadership, growth, profitability and management of the company.

He has 25 plus years of commercial and residential real estate appraisal experience, of which 20 plus years is as an institutional Senior Review Appraiser, Regional Manager and Chief Appraiser. He has approximately 15 years experience in Real Estate Portfolio Evaluation, Loan Review, Bank Acquisition and Environmental Site Assessment due diligence, and 3 years experience in Construction Loan Management.

During the past 20 years, he has worked with and participated directly with National, Regional and Community Commercial Banks as a Senior Advisor to Consumer and Commercial Loan Committee groups, Special Asset Committee groups, Real Estate Investment Trust groups, CMBS Lending groups, Wealth and Money Management groups, Policy Management groups, Loan Review groups, Real Estate Portfolio Management Committee groups, and Bank Acquisition Due Diligence Groups.

Prior to starting CES Mr. Woodall was previously employed as a Commercial Fee Appraiser by Dominy, Ford & McPherson and Mushinski and Associates out of Houston, TX, a Senior Review Appraiser at San Jacinto Savings Bank N.A. under the RTC in Bellaire, TX, a Senior Review Appraiser at Bank of Boston out of Boston, MA and Chemical Bank (Chase) in NY, NY, Chief Appraiser at Riggs Bank in Washington, DC, and Regional Manager at SunTrust Bank in Washington, DC and Atlanta, GA.

Currently an Associate Member of the Appraisal Institute, he is working toward his MAI designation. He is also an active member with RMA for whom he has written an article entitled "The Validation of Real Estate Appraisals."

Mr. Woodall holds an active Certified General Appraiser (CGA) license in "good standing" in the State of Georgia and has a license "pending approval" submitted to the State of Tennessee. He has previously been licensed as a Certified General Appraiser in the Commonwealth of Massachusetts and Virginia, the States of New York and Maryland, and the District of Columbia (Wash DC).

Awarded a Bachelors of Science degree from The University of West Alabama in 1979, he was also placed on the "Dean's List" for academic achievements while attending school on a Football Scholarship.