Update from NCAI President, Chris Johnson, MAI, SRA, AI-GRS, ASA
 
Over the past few weeks, we’ve all had to think on our feet and come up with creative solutions to address both the day-to-day and the long-term impacts of COVID-19. I’m proud to say the NCAI board and chapter members have done a great job of doing just that. Read more here.
 
   Upcoming Events
 
J U N
11
Thurs
Join us for NCAI’s Q2 Chapter Business Meeting (CBM) via Zoom Meeting on Thursday, June 11 at 2pm. This meeting has been approved for 2 credit hours from the Appraisal Institute.
 
 
J U N
18
Thurs
In this webinar, North Carolina Appraisal Board’s Executive Director, Don Rodgers, and Deputy Director, Tom Lewis, will cover complaints process, hybrids/bifurcated, evaluations, rulemaking, upcoming regulatory issues, common complaints/errors and all other questions and concerns appraisers have.
 
 
   Chapter News
 
We held our first ever virtual 7-Hour USPAP Update Course on April 2 and held a second one on April 17, with over 100 people in attendance! View recap.
 
We launched our new webinar series, NCAI Connect, on April 22 with Mark Vitner from Wells Fargo who joined us to discuss COVID-19 and it's economic impact on the industry ( view recap). On May 15, attorney Peter Christensen joined us to talk about special legal and risk issues affecting appraisers ( view recap). Catch the next NCAI Connect with NCAB on June 18. Register here.
 
Recap: Q1 Chapter Business Meeting Went Virtual
Instead of gathering together in Greensboro this past March, over 55 members engaged via Zoom to hear from Nexsen Pruet’s David Ferrell, who gave an update on the issues and activities in the NC legislature, view the 2021 Slate of Nominations, hear committee updates on how we started off the year, learn about the Chapter’s adjustments due to COVID-19, and celebrate the 3 members who recently received designations!
 
NCAI compiled all the latest news you need to know regarding COVID-19 and how it's affecting our industry. View here.
 
Giving a big congratulations to these NCAI members who have received designations in 2020!
 
Be sure to follow us on  LinkedIn and Instagram to stay up-to-date with local, industry, and member news! Also check out our Flickr account to view photos from past events.
 
   Legislative
 
Check out the most recent Legislative Reports published on May 3, 15, and 22. Bookmark this page and check back often as new reports will be added frequently.
 
Creditors have flexibility regarding when they must provide appraisals to mortgage applicants, according to an updated Q&A on the Equal Credit Opportunity Act Valuations Rule released April 29 by the Consumer Financial Protection Bureau.
 
view the audit report prepared by the NC State Auditor of NCDOT.
 
   Industry/National News
 
The Appraisal Institute Board of Directors adopted both 45-Day Notice items on its agenda during its May 7 meeting, which was conducted via videoconference due to the coronavirus pandemic.
 
Craig Steinley, MAI, SRA, AI-GRS, AI-RRS, of Rapid City, South Dakota, was nominated for 2021 Appraisal Institute vice president by the AI National Nominating Committee at its May 6 meeting, which was held via videoconference due to the coronavirus pandemic.
 
As public equities-laden pension funds reel from massive hits leveled by stock market volatility this year, commercial real estate will likely continue growing in importance for institutional investors in the long term, experts say.
 
 
 
NC Chapter of the Appraisal Institute
1300 Baxter St., Ste. 360
Charlotte, NC 28204
704-719-2644