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| Tag Archive | "HVCC"
It’s no secret that mortgage brokers, banks, net branches and anyone else in mortgage lending is struggling with the negative consequences and repercussions that affect borrowers and lenders as a consequence of HVCC or the Home Valuation Code of Conduct.
One way lenders are countering the lack of control and negative outcomes due to poorly handled [...]
This is a guest post written by Clarion Mortgage CEO, David Marr. David is nice enough to allow us to re-print internal emails and commentary that he sends out to Clarion LO’s and Management. Company specific and proprietary information have been removed.
Hey everybody,
Well we made it through the first half of the year. That [...]
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 [...]
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 [...]
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 [...]
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 [...]
6/27/09 Update :
SPEAK OUT: THE OFFICIAL HVCC THREAD
5/8/09 Update : HVCC / HOME VALUATION CODE OF CONDUCT UPDATE
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 [...]
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