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IN THIS ISSUE:
ClickFORMS MLS Integration Service a Huge Success We’ve been overwhelmed by the response to our new Custom MLS Integration offer. In fact, demand for the new service is so great that we're backlogged on creating the transfer maps. Please be patient, we are getting them done as quickly as we can. With the mapping service, ClickFORMS users can eliminate the time previously needed to retype subject and comp information. Now, with only four simple clicks, your MLS data is instantly added to your reports. To find out more about this custom service, please call out sales department at 1-800-622-8727. Refinance Application Volume Up Slightly In Latest Survey On Thursday, The Mortgage Bankers Association (MBA) released its Weekly Mortgage Applications Survey for the week ending October 1. The Market Composite Index of mortgage loan applications - a measure of mortgage loan applications - was 724.8, an increase of 0.01 percent on a seasonally adjusted basis from 724.7 one week earlier. On an unadjusted basis, the Index was virtually unchanged compared with last week and down 11.8 percent compared with the same week one year earlier. The MBA seasonally adjusted Purchase Index decreased by 2.2 percent to 459.0 from 469.1 the previous week. The seasonally adjusted Refinance Index increased by 2.7 percent to 2270.8 from 2211.1 one week earlier. The refinance share of mortgage activity increased to 47.1 percent of total applications from 45.9 percent the previous week. The adjustable-rate mortgage (ARM) share of activity increased to 33.9 percent of total applications from 32.5 percent the previous week. The average contract interest rate for 30-year fixed-rate mortgages increased to 5.78 percent from 5.64 percent one week earlier, with points increasing to 1.36 from 1.35 the previous week (including the origination fee) for 80 percent loan-to-value (LTV) ratio loans. The average contract interest rate for 15-year fixed-rate mortgages increased to 5.20 percent from 4.99 percent one week earlier, with points decreasing to 1.36 from 1.38 the previous week (including the origination fee) for 80 percent LTV loans. The average contract interest rate for one-year ARMs increased to 3.97 percent from 3.92 percent one week earlier, with points increasing to 1.16 from 1.13 from the previous week (including the origination fee) for 80 percent LTV loans. Source: Mortgage Bankers Association ClickFORMS Masters Certification Do you know what the five shortcuts to entering standard responses are? You would if you were a ClickFORMS Master! (Answer is below.) Every week more and more appraisers are being certified as ClickFORMS Masters. It’s a great way to ensure that your employees are 100% proficient in using ClickFORMS. This automated and self-paced program was created to help our customers learn how to get the most productivity possible out of using ClickFORMS. We want you to be able to not only complete a basic appraisal with our software, but also know how to use all of ClickFORMS’ time and effort saving features that will make you as productive as possible. The ClickFORMS Masters program normally costs $199 per person, but during October we are reducing it to $99 for existing ClickFORMS users. Call our sales department at 1-800-622-8727 for more information. Five Ways to Enter Standard Responses ClickFORMS is not just about simplicity, it’s also about flexibility. Here are five different ways you can enter standard responses in a report. Pick the method that works best for you. 1) Type the first letter of the response - type-a-head will enter the complete response. 2) Right click in the cell and select from the popup list of responses. 3) Hold down the Control key as you press Enter to cycle through all the responses. 4) Select Show Responses or Auto-Display and click the desired response. 5) Press F2 to show the list, use Insert, Enter, Control-Enter or Arrow keys to enter the response. Question: How do you enter two responses into the same cell as in Materials/Condition? Look for the answer in the next issue of ClickTALK or think about becoming a ClickFORMS Master. Easy ClickFORMS Maintenance Renewal Option Don’t forget to visit our online store when it’s time for you to renew your maintenance. It’s easy to use and open 24/7 for your convenience. Plus American Airlines AAdvantage® members receive miles for every dollar they spend at the store. This AAdvantage miles offer is not available to people who call to renew, it’s exclusively a benefit of using our online store. The AAdvantage program is American Airline's travel awards program. It was the original travel awards program, established more than 20 years ago, and today is the world's largest program. AAdvantage miles can be redeemed for a variety of travel awards around the world on American Airlines, AmericanConnection, American Eagle and other American Airlines® partners. For more information on becoming an American Airlines AAdvantage member and on Bradford Technologies’ AAdvantage Miles program, click here. Upcoming Events We hope we see you at one of these great events! We always look forward to meeting our customers and talking with appraisers. Oct. 22 – No.
California Chapter of the Appraisal Institute 2004 Annual Fall Conference Oct. 22-23 –
Appraisal Technology Conference Oct. 24-26 –
MBA’s 91st Annual Convention & Expo Nov. 10-14 –
Valuation 2004 Have a Good Weekend Everyone Have a good weekend everyone. Drive safely while you're out inspecting. Don't forget to tell your friends about ClickFORMS.
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