Our membership keeps growing. We're thrilled to introduce the following new members of the North Carolina Chapter of the Appraisal Institute:
Thank you for joining, and we're excited to have you as a part of the NCAI community!
Reconsideration of Value (ROV) requests are becoming more common as consumers, lenders, and regulators look for greater transparency and accountability in the appraisal process. This Trending Topics Thursday webinar will bring together perspectives from Fannie Mae and practicing appraisers to help clarify how ROVs work in practice, what lenders are asking for, and how appraisers can respond while upholding professional standards.
Rachel Beam of Fannie Mae will provide an overview of the GSE’s approach to ROVs, including recent guidance and expectations for lenders. Megan Judd, SRA, AI-RRS, will share insights from her workshop on consumer appraisal appeals, offering practical guidance for appraisers facing ROV requests in the field.
Our membership keeps growing. We're thrilled to introduce the following new members of the North Carolina Chapter of the Appraisal Institute:
Thank you for joining, and we're excited to have you as a part of the NCAI community!
Recently, 2022 NCAI President Vanessa Hall, MAI, AI-GRS, was featured on the Appraisal Institute's podcast, Face Value. The show, hosted by Tonia Vailas, MAI, AI-GRS, and Warren Boizot, SRA, AI-RRS, discusses news, insights and stories with appraisers and real estate professionals.
In the July 28th episode titled, "WIN and AA, " Vailas and Boizot sat down with Ms. Hall and another fellow AI member, Emily Braman, MAI, SRA, AI-GRS, to discuss the challenges and opportunities for women in the appraisal profession. Hall also highlighted her work as chair of AI's Women's Initiative Committee (WIN).
The Appraisal Institute is proud to announce the reopening of applications for the Pathways to Success scholarship, funded by The Appraisal Foundation and administered by the Appraiser Development Initiative (ADI). This scholarship provides full financial support for individuals pursuing licensure through an approved Practical Applications of Real Estate Appraisal (PAREA) program - offering a flexible and accessible pathway into the valuation profession.
The 2025 program year has already awarded 42 Pathways to Success scholarships supporting a pipeline of future appraisers.
The Appraisal Institute Education and Relief Foundation (AIERF) is seeking nominations from AI members for the Y.T. and Louise Lee Lum Award. The deadline for nominations is July 31st. Nominate Today
The Y.T. and Louise Lee Lum Award recognizes one or more worthy individuals who have made a distinguished contribution to the appraisal profession during the immediately preceding year. The Y.T. and Louise Lee Lum Award is open to both Appraisal Institute members as well as those who do not belong to the Appraisal Institute. Nominators should provide a letter of recommendation and brief biography of the nominee to [email protected] by July 31. For more information on AIERF and the awards, please visit the AIERF website.
NCAI Past President Claire Aufrance, MAI, was elected Chair of the North Carolina Appraisal Board (NCAB), during the June 24th meeting. Formerly the Vice Chair, Claire’s term as Chair began on July 1, 2025, and will run through June 30, 2026. Claire is the first woman to hold the position of Chair in NCAB history.
Among her many professional accomplishments, Claire has served as President of the NC Chapter of the Appraisal Institute in 2016, Chair of Appraisal Institute Region V in 2021 – 2022, and as a member of the Appraisal Institutes’ national board of directors between 2019 – 2022. Claire has been the recipient of multiple Appraisal Institute honor’s including: the President’s Award in 2022, the Women’s Initiative Spotlight Award in 2022, and as a Volunteer of Distinction also in 2022.
Security Bulletin from the Appraisal Institute
We’ve been made aware of recent phishing attempts in which cybercriminals are impersonating the Appraisal Institute to try to steal personal information. These emails may appear convincing but are not from us. Please remain vigilant and follow the guidance below to help protect yourself:
The Appraisal Institute task force composed of five non-officer Directors has begun its work in an effort to help ensure a safe and respectful environment for all staff and members. The group will be reviewing associated policies, procedures and protocols and then will consider what recommendations it might make. The task force is currently reviewing options for outside counsel who will work alongside it.
Once the task force hires outside counsel, they will coordinate and supervise work to clarify best practices; consider existing approaches; and identify and address any gaps. The task force consists of the following members:
The Appraisal Institute would like to recognize some of the brightest, most committed and deserving AI members. If you believe you know an AI member who fits the criteria below for the J. Scott Robinson Lifetime Achievement Award, Outstanding Service Award, William S. Harps DEI Award, or the Women’s Initiative SPOTLIGHT Award, please nominate that person. Submissions for these Awards must be completed by July 31, 2025.
J. Scott Robinson Lifetime Achievement Award
The J. Scott Robinson Lifetime Achievement Award is presented to an AI member who best demonstrates high ethical standards; contributed to the Appraisal Institute at the chapter, regional, national and/or international level(s); provided service to his or her community; and contributed to the appraisal profession.
By Greyson Morgan, MAI, NCAI President-Elect
NCAI and the Government Relations Committee have been working diligently and have made significant positive progress in recent months at the North Carolina Capitol!
By Emma Abraham, Membership Programs Manager, Appraisal Institute
We recently hosted an hour-long pilot webinar (via Zoom) entitled “Designation Requirement Overview” with the Chicago chapter and intend to host several more this year. The webinar, targeting Candidates and Associate Members, covers the policies and processes of Experience, the Comprehensive Examination, and the Demonstration of Knowledge. If you have a Candidate who has questions about these requirements, please mention that they should keep an eye out for these webinars. Advisors are welcome to attend these sessions to brush up on their knowledge of the requirements. If your chapter or region is interested in hosting one, please let me know.
The Appraisal Foundation is now accepting applications for its annual selection of new members to serve on the Appraiser Qualifications Board (AQB) and the Appraisal Standards Board (ASB). Individuals appointed through this process will begin their term on January 1, 2026. Each appointment may be for a one-, two-, or three-year term, depending on the needs of the board.
For this selection cycle, there are up to four open seats on the AQB and up to five open seats on the ASB that are eligible for appointment or reappointment.
Thank you to everyone who came out to Congdon Yards in High Point last week for NCAI's Q2 Chapter Business Meeting. The meeting was a great success: we got a lot accomplished, we connected with old friends and industry peers, and we enjoyed an evening of socializing and fun at the Carolina Core FC game!
(L-R): Greyson Morgan, Brian Crowder, Scott DiBiasio, Mike Elwell, Laura Gourlay, Erica Butler
and NCAI President Kelli Mayhew
Our membership keeps growing. We're thrilled to introduce the following new members of the North Carolina Chapter of the Appraisal Institute:
Associate Member
The North Carolina Chapter of the Appraisal Institute would like to congratulate William Christopher Morris for earning the distinguished MAI designation. Chris has been employed with IRR-Raleigh since July of 2017. His coverage area includes southern Virginia and all of North Carolina. He covers all property types for lenders, owners, funds, municipalities, and government agencies for both lending purposes and eminent domain purposes.
Chris's father, Chris R. Morris, MAI, FRICS, Senior Managing Director at Integra Realty Resources, is a long time member of NCAI. Says Chris of his son, “Christopher has displayed significant perseverance in his journey from researcher to trainee to certified general appraiser to MAI. During this process, he’s quickly expanded his competency for the primary property types, along with the eminent domain sector. In addition, he has developed meaningful relationships with top brokerage professionals across NC and the Southeast. I’m ecstatic for both of us that the destination has been reached.”
We're excited to introduce the membership to our new executive director, Jonathan Lugo. Jonathan brings to NCAI a strong background in youth development and nonprofit leadership, bringing over 15 years of experience to the organization. Originally from Brooklyn, NY, Jonathan relocated to Charlotte, NC three years ago to begin a new chapter, continuing his passion for helping people and building meaningful connections.
A graduate of CUNY Baruch College, Jonathan has a diverse professional background that includes program development, event planning, and sports management. He also holds a foundation in commercial dance and has always been driven by creativity, community impact, and high-energy environments. Jonathan is an avid sports fan—especially basketball—and enjoys volunteering whenever possible to give back to his community.
All,
I wanted to let you know that today the Appraisal Institute Board of Directors determined it was no longer tenable for Craig Steinley to continue as an officer. Effective immediately, he is no longer vice president nor a member of the Board of Directors.
I know this has been a painful period for our members and our wider community. This had become a matter of the wellbeing and trust of the Appraisal Institute as an organization, which is greater than any one individual. Separately, the court process will bring out the facts in the Cindy Chance lawsuit. As soon as we’re able to share more information about outside counsel investigation of these matters, we will.
Now also is the time for the Appraisal Institute to act – with the help of independent outside counsel – to ensure our policies, protocols and actions reflect best practices and demonstrate our unwavering commitment to fostering a safe and respectful environment for all members and staff.
I don’t want to be repetitive here, but the reality is these efforts take time. We will round back to you when we have further updates, and please know we are moving with all thoughtfulness and due speed.
Paula
By Brian Crowder, MAI, SRA, 2025 NCAI Treasurer
Leadership Development and Advisory Council (LDAC) 2025
May 14-16, 2025 | Washington, D.C.
Our membership keeps growing. We're thrilled to introduce the following new members:
Associate Member
