Saturday , 16 January 2021

featured

MBA: First Week of 2021 Yields ‘Booming Refinance Activity’

For the week ending January 8, mortgage applications increased 16.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey. The Refinance Index increased 20 percent from the previous week and was 93 percent higher than the same week one year ago, while the seasonally adjusted Purchase Index increased 8 percent from …

Read More »

4 Excellent Microsoft Excel Resources for Appraisers

The use of Microsoft Excel is widespread in the appraisal industry. Looking for new ways to leverage Excel tools in your appraisal business? Here are four excellent Microsoft Excel resources offered by McKissock Learning—including a Pro-Series webinar on Wednesday, January 27, 2021, “Using Excel for Pairing Data to Extract GLA Adjustments.” Upcoming Webinar: Using Excel for Pairing Data to Extract …

Read More »

Working Relationships: From Workplace Friction to Seamless Collaboration

BLOG VIEW: Mutually-beneficial working relationships can bolster a company’s overall success, affecting everything from productivity to employee retention. However, like all relationships, great workplace relationships take both work and time to grow. Colleagues may struggle to work with one another for a variety of reasons, such as differing communication styles, conflicting meeting routines, absence of transparency or lack of trust. …

Read More »

Tidewater Initiative: What VA Appraisers Need to Know

The VA has a unique set of protocols, known as the Tidewater Initiative, that a VA appraiser must follow when he or she expects the appraised value of a property is going to be lower than its contract price. This program, often known simply as “Tidewater,” initiated in—you guessed it—the Tidewater area of Virginia (i.e., the Norfolk, Chesapeake, Portsmouth, and …

Read More »

Tidewater Initiative: What VA Appraisers Need to Know

The VA has a unique set of protocols, known as the Tidewater Initiative, that a VA appraiser must follow when he or she expects the appraised value of a property is going to be lower than its contract price. This program, often known simply as “Tidewater,” initiated in—you guessed it—the Tidewater area of Virginia (i.e., the Norfolk, Chesapeake, Portsmouth, and …

Read More »

Mortgage Application Activity Kicks Off the New Year Down

According to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending Jan. 1, mortgage applications decreased 4.2 percent from two weeks earlier, including adjustments to account for the holidays.  The holiday-adjusted Refinance Index decreased 6 percent from two weeks ago. The unadjusted Refinance Index was 34 percent lower than two weeks ago and was 100 percent …

Read More »

Top Appraisal Skills to Sharpen in 2021

What New Year’s goals do you have for your appraisal business? Last month we asked our community of real estate appraisers, “What appraisal skill would you most like to improve in 2021?” The top answer was “adopting new technology,” and the three runners up were “obtaining new clients,” “staying up-to-date on industry and market trends,” and “time management and efficiency.” …

Read More »

FREE Webinar: The Appraisal Foundation 2021 Q1 Update

On Wednesday, January 20, 2021, McKissock Learning is hosting a FREE one-hour, non-credit Pro-Series webinar titled “The Appraisal Foundation 2021 Q1 Update.” Participate in this Q&A session with Lisa Desmarais, Vice President, Appraisal Issues with The Appraisal Foundation (TAF). Hear about proposed changes to USPAP as well as an update on current AQB and ASB activities. Get firsthand information on …

Read More »