Items Tagged with 'homeowners'

ARTICLES

Find Your Voice

CUs hit the high notes for their members.
June 24, 2013
Are you singing the right part—or are you a soprano trying to master the bass line? 
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SCRA Compliance

Regulators turn their attention to the servicemembers civil relief act.
November 11, 2012
The SCRA provides certain financial protections to active-duty military personnel.
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Avoid These Mortgage Servicing Practices

Credit unions that service mortgage loans should have policies and procedures in place to ensure employees are adequately trained.
August 1, 2012
Five federal financial institution regulators issued guidance to mortgage servicers on military homeowners .
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CU Hits a Mortgage Home Run

‘Accelerated mortgage’ proves popular among well-qualified borrowers.
March 1, 2012
Roughly 90% of those who refinanced through the program were new members with an average loan-to-value of 45% and credit scores in the high 700s.
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Mortgage Delinquencies Edge Up During Fourth Quarter

But as the economy improves, delinquency rates should drift down.
February 15, 2012
While mortgage delinquencies have dropped more than 6% since fourth quarter 2010, it will take a long time for them to return to normal.
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OK to Walk Away?

Survey says 36% of Americans believe strategic defaults are acceptable in some cases.
October 25, 2010
As the housing market continues to flounder in many parts of the country, 21% of homeowners say they owe more on their mortgages than their homes are worth, survey says.
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Great article! Unfortunately, most employees don’t feel valued or appreciated by their supervisors or employers. In fact, research has shown that the predominant reason team members quit their jobs is because they don’t feel valued. This is in spite of the fact that employee recognition programs have proliferated in the workplace – over 90% of all organizations in the U.S. has some form of employee recognition activities in place. But most employee recognition programs are viewed with skepticism and cynicism – because they aren’t viewed as being genuine in their communication of appreciation. Getting the “employee of the month” award, receiving a certificate of recognition, or a “Way to go, team!” email just don’t get the job done. How do you communicate authentic appreciation? We have found people have different ways that they want to be shown appreciation, and if you don’t communicate in the language of appreciation important to them, you essentially “miss the mark”. Additionally, employees need to receive recognition more than once a year at their performance review. Otherwise, they view the praise as “going through the motions”. A third component of authentic appreciation is that the communication has to be about them personally – not the department, not their group, but something they did. Finally, they have to believe that you mean what you say. How you treat them has to match the words you use. If you are not sure how your team members want to be shown appreciation, the Motivating By Appreciation Inventory (www.appreciationatwork.com/assess) will identify the language of appreciation and specific actions preferred by each employee. You then can create a group profile for your team, so everyone knows how to encourage one another. Remember, employees want to know that they are valued for what they contribute to the success of the organization. And communicating authentic appreciation in the ways they desire it can make the difference between keeping your quality team members or having a negative work environment that everyone wants to leave. Paul White, Ph.D., is the co-author of The 5 Languages of Appreciation in the Workplace with Dr. Gary Chapman.

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