By Trace Richardson
Published May 16th, 2008
Richard Gaylord, President of the National Association of Realtors has provided his response to Freddie Mac and Fannie Mae regarding the Home Valuation Code of Conduct (see below). His response includes his comments and suggestions for change to specific aspects of HVCC.
Of all the serious flaws in HVCC that stand to hurt consumers, Realtors, appraisers [...]
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Tags: HVCC, NAR, richard gaylord
By Trace Richardson
Published May 16th, 2008
NAR Assessment of Cuomo Settlement with Fannie Mae and Freddie Mac:
The Cuomo/GSE Appraisal Deal April 30, 2008
New York State Attorney General Andrew M. Cuomo, Fannie Mae and Freddie Mac (government sponsored enterprises) reached an agreement on March 3, 2008, to [...]
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Tags: HVCC, NAR
By Trace Richardson
Published May 16th, 2008
Update from Dave Biggers on HVCC:
To: Our colleagues
Re: Thank you for speaking up about the HVCC
From: David Biggers, Chairman, a la mode, inc.
Prior to the April 30th deadline for commentary on the proposed HVCC regulations, I wrote you asking for your help in alerting [...]
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Tags: a la mode, HVCC, hvcc update
By Trace Richardson
Published April 30th, 2008
The Title / Appraisal Vendor Management Association has weighed in regarding HVCC. The report, written a over a week ago has gone under the radar as most things HVCC have. This topic just cann’t seem to get traction regardless of how important it might be.
If the GSEs implement the Code as currently drafted, it will [...]
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Tags: HVCC, tavma
By Trace Richardson
Published April 28th, 2008
Wednesday is the deadline for submitting feedback regarding HVCC or the Home Valuation Code of Conduct. The HVCC, in its current form, contains select language that hurts brokers, agents, appraisers, and consumers.
The underlying story is how well this story has flown under the radar. A handful of appraisers, agents, and mortgage brokers I have spoken [...]
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