Posted on Wednesday, 23rd September 2009 by chrisjones

I’m not sure how to say this without making myself unpopular, so I’ll just go for it. HVCC is here to stay. I’ve written before, several times now, on the Home Valuation Code of Conduct (HVCC), which has been widely blamed for depressing home values and causing borrower and buyer and seller and Realtor and [...]

Tags: appraisals, HR 3044, HVCC, Kanjorski, lehi lender, Lehi mortgage
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Posted on Thursday, 23rd July 2009 by chrisjones

Note: this is a long post.  It is fairly involved.  But the issues addressed are complex and critical to understand.  If you take the time to read all the way, you’ll be glad you did. Appraisers, loan officers, and Realtors, this especially applies. On May 1, 2009, Fannie Mae and Freddie Mac agreed to abide [...]

Tags: appraisals, HVCC, lehi lender, mortgages, Realtors
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Posted on Thursday, 30th April 2009 by chrisjones

This is my 300th blog post, as counted by WordPress.  I really wanted it to be about something happy. Not to be. Tomorrow, one of the biggest regulatory changes in the mortgage industry goes into effect. It will alter the process, increase costs and processing times, and add a layer of bureaucracy to all but [...]

Tags: appraisals, HVCC, regulation
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