Category | HVCC

Richard Gaylord, NAR President Comments on HVCC, Says Nothing

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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NAR Assessment Cuomo / GSE Settlement

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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HVCC Update From a la mode

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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TAVMA Weighs in on Home Value Code of Conduct

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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Under the Radar: How the HVCC May Negatively Affect and Change Real Estate as We Know It

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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