Comments on: HVCC is Here to Stay http://thechrisjonesgroup.com/chrisjonesmortgage/2009/06/04/hvcc-is-here-to-stay/ Mon, 23 Apr 2012 06:11:15 +0000 hourly 1 http://wordpress.org/?v= By: » Blog Archive » Don’t Blame the HVCC, People. http://thechrisjonesgroup.com/chrisjonesmortgage/2009/06/04/hvcc-is-here-to-stay/#comment-2626 » Blog Archive » Don’t Blame the HVCC, People. Thu, 23 Jul 2009 15:41:41 +0000 http://thechrisjonesgroup.com/chrisjonesmortgage/?p=740#comment-2626 [...] performed.  Without going into a detailed analysis of the HVCC and how it spawned (that’s here, if you really want it), let’s just say that the results have been fairly negative for the [...] [...] performed.  Without going into a detailed analysis of the HVCC and how it spawned (that’s here, if you really want it), let’s just say that the results have been fairly negative for the [...]

]]> By: » Blog Archive » HVCC and AMCs: Three huge problems. One simple solution. http://thechrisjonesgroup.com/chrisjonesmortgage/2009/06/04/hvcc-is-here-to-stay/#comment-2515 » Blog Archive » HVCC and AMCs: Three huge problems. One simple solution. Wed, 17 Jun 2009 00:15:09 +0000 http://thechrisjonesgroup.com/chrisjonesmortgage/?p=740#comment-2515 [...] of disgust across all parts of the mortgage industry.  I’ve already said before that I think it’s not going anywhere, and why, so I won’t rehash that, but as I was thinking about it the other day, I realized [...] [...] of disgust across all parts of the mortgage industry.  I’ve already said before that I think it’s not going anywhere, and why, so I won’t rehash that, but as I was thinking about it the other day, I realized [...]

]]> By: AJ The Appraiser http://thechrisjonesgroup.com/chrisjonesmortgage/2009/06/04/hvcc-is-here-to-stay/#comment-2480 AJ The Appraiser Sat, 06 Jun 2009 03:00:59 +0000 http://thechrisjonesgroup.com/chrisjonesmortgage/?p=740#comment-2480 One thing that is not mentioned above is that the HVCC had called for corporate independence. This makes sense because the way it was released, the rules allow for a bank to own the AMC it gets the orders from. This is a joke since the lawsuit was filed because an AMC (eAppraiseit) was in collusion with WAMU (a lender) to inflate values. If you want regulation that will work, let's try putting someone besides the primary focus of the lawsuit in charge of the industry. First American was the reason for the lawsuit, and now they are the primary winners in the new system. If this makes you as upset as is makes me, try signing the petition at www.hvccpetition.com These rules are a blueprint for collusion! One thing that is not mentioned above is that the HVCC had called for corporate independence. This makes sense because the way it was released, the rules allow for a bank to own the AMC it gets the orders from. This is a joke since the lawsuit was filed because an AMC (eAppraiseit) was in collusion with WAMU (a lender) to inflate values.

If you want regulation that will work, let’s try putting someone besides the primary focus of the lawsuit in charge of the industry. First American was the reason for the lawsuit, and now they are the primary winners in the new system.

If this makes you as upset as is makes me, try signing the petition at http://www.hvccpetition.com

These rules are a blueprint for collusion!

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