Items Tagged with 'appraisal'

ARTICLES

Agencies Exempt Subset of Higher-Priced Mortgages

Loans of $25,000 or less and certain 'streamlined refinancings' won't require appraisals.
February 1, 2014
The CPFB and NCUA exempt loans of $25,000 or less and certain “streamlined refinancings” from the appraisal requirements.
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Apprise Your Appraisals

New CFPB rule requires creditors to give applicants free copies of appraisals.
May 19, 2013
CFPB amended Reg B to implement a Dodd-Frank Act amendment to the Equal Credit Opportunity Act.
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New Realities Shape Today’s Appraisals

Appraisal tools come with a learning curve and other drawbacks.
February 2, 2012
Wholesale and correspondent CU mortgage lenders must scramble to comply with the latest regulation standardizing appraisals.
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A Complex Appraisal Reg, In a Nutshell

New Reg Z provisions take effect this month.
April 1, 2011
What are the Dodd-Frank Act's new requirements for appraisal independence?
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Compliance Matters: SAFE Act Training

Register mortgage loan originators until July 29.
March 14, 2011
Registry open for mortgage originators.
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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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