Tag: home valuation problems
HVCC gets Jack’d up
For professionals in the housing industry (mortgage, appraisal, & real estate) the new appraisal rules known as the Home Valuation Code of Conduct (HVCC) is a hot topic these days. These rules which became effective May 1st were designed to improve the accuracy and integrity of appraisals. However, as many professionals is the housing industry [...]
Posted: July 20th, 2009 under For Professionals, Mortgage Qualification.
Tags: appraisals, home valuation problems, problems with HVCC, problems with new appraisal rules, summary of problems with HVCC
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