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Read the Full Text of the HVCC

See FHFA News Release

ThinkBigWorkSmall - Petition & Video

Appraisal Institute's - "HVCC Myths and Realities" Paper
Read the Appraisal Foundation's Statements on HVCC

Text/Status of HR 3044 - 18-Mo. HVCC Moratorium Bill


News Links

 

 

Appraisal rules can complicate selling a house

Detroit Free Press - Nicquel Terry - ‎Jul 26, 2009‎
New guidelines for home appraisals are causing a stir, particularly in southeast Michigan. ...

New Appraisal Code Raises a Row

Wall Street Journal - Amy Hoak - ‎Jul 25, 2009‎
New rules aimed at making home appraisals more accurate are raising costs and prompting longer waits to get to the closing table, ...

Rates Roller Coaster Ride & Discussing FHFA's HVCC Comments

MortgageNewsDaily.com - Adam Quinones - ‎Jul 27, 2009‎
Stay up to date on breaking news and blog posts with our free News Alert Service. by Victor Burek - Jul 27 2009, 10:52 AM Last week was a roller coaster ...

NAR Praises FHFA On HVCC Clarification Request

Mortgageorb - ‎Jul 27, 2009‎
By MortgageOrb.com on Monday 27 July 2009 The National Association of Realtors (NAR) has issued a statement praising the Federal Housing Finance Agency ...

New rule on appraisers burdens home buyer

Cincinnati.com - Dirk E. Schneider - ‎Jul 27, 2009‎
Until recently, most people gave my chosen profession little thought or consideration. ...

"New appraisal rules are roiling an industry"

Bend Bulletin - Pete Erickson - ‎Jul 26, 2009‎
Matt Adams measures a house in Redmond while doing an appraisal Thursday. The certified residential appraiser from Bend says communication with a lender or ...

New home appraisal rules garner opposition

TopNews - Mark Menell - ‎Jul 26, 2009‎
Within three months of its implementation, the Home Valuation Code of Conduct - pertaining to new rules for making US home appraisals more accurate – has ...
 

As house appraisals reforms appear to backfire, Realtors and home ...

Michigan Business Review - MLive.com - Cami Reister - ‎Jul 26, 2009‎
Jon M. Brouwer | The Grand Rapids Press Way too low: Geary Farrell was shocked at the appraisal of his house on ...

New home appraisal rules stir backlash

Bloomington Pantagraph - Alex Veiga - ‎Jul 25, 2009‎
By Alex Veiga | AP | Posted: Sunday, July 26, 2009 12:15 am | Loading… New guidelines for home appraisers that were designed to eliminate conflicts of ...

Out-of-town appraisers create a major problem

Sarasota Herald-Tribune - Michael Saunders - ‎Jul 25, 2009‎
When the Herald-Tribune published the article "Appraisal rules irk Realtors" on July 6, it rightly informed readers of a growing problem ...

Reforms a bitter pill for real estate appraisers

Florida Times-Union - Kevin Turner - ‎Jul 25, 2009‎
Paul Jarnutowski, owner of Appraisers Plus in Jacksonville, says his business has been reduced greatly by a new code of conduct adopted in ...

Appraisal rules likely to backfire

Sarasota Herald-Tribune - ‎Jul 24, 2009‎
Enacting rules to curb abuses arising during a housing bubble, which don't take effect until the succeeding financial crisis, can easily do more harm than ...

Former appraisers stay in housing

Tampa Tribune - Shannon Behnken - ‎Jul 24, 2009‎
TAMPA - Some appraisers who lost their licenses for unethical behavior during the housing boom are staying in the ...

New Rules Could Lead To Low Appraisals

KCRA.com - ‎Jul 24, 2009‎
SACRAMENTO, Calif. -- New rules to keep homes from being over-valued might mean an out-of-towner could appraise your home from even lower than you thought. ...
 

Are the Feds watching your wallets? You be the judge

Examiner.com - ‎Jul 24, 2009‎
Recently the Feds have been passing laws to "protect the consumer" during the mortgage loan process. But are they really protecting you, or prolonging the ...

HVCC : an appraisal train wreck

Examiner.com - ‎Jul 24, 2009‎
The new appraisal protocol, created by Andrew Cuomo, attorney general of the state of New York, known as Home Valuation Code of Conduct (HVCC), ...

Brokers: Repeal The Home Valuation Code of Conduct

HULIQ - Preston Ware - ‎Jul 24, 2009‎
Three advantages I have as a mortgage broker over a large bank are speed, pricing and service. If you really think about it, those are the three components ...

New lending laws complicate home appraisal process

Tampa Tribune - Angie Hicks - ‎Jul 24, 2009‎
For certain home loans, mortgage brokers can no longer select and hire their own appraiser. By ANGIE HICKS Tampa lender Don Pratt of PA Mortgage recently ...

Realtors® Applaud Appraisal Clarification as Good First Step

RealEstateRama - ‎Jul 23, 2009‎
by NAR and our 1.2 million members are pleased that the Federal Housing Finance Agency has instructed Fannie Mae and Freddie Mac to take action to ...

Realtors slam new appraisal rules, again

St. Louis Post-Dispatch - Tim Logan - ‎Jul 23, 2009‎
As we reported earlier this month, there's not a lot of love in the real estate community for the new Home Valuation Code of Conduct, ...
 

Appraise This!
NBC Chicago - ‎Jul 7, 2009‎
On paper, some industry experts say, the HVCC is a great idea, but in practice it appears to be raising costs, delaying delivery of appraisals, ...

Appraisal Institute Calls on HUD to Rescind Mortgage Regulation

RealEstateRama - ‎Jul 1, 2009‎
by RealEstateRama WASHINGTON, DC - July 1, 2009 - (RealEstateRama) “ The Appraisal Institute, the nations largest real estate appraisal association, ...

Appraisers want new rules rescinded

The Associated Press - ‎Jul 1, 2009‎
WASHINGTON (AP) — A letter Wednesday to the Housing and Urban Development Department asks the agency to rescind rules regarding real estate appraisals ...

Appraisers target 12-year-old federal rule

Seattle Post Intelligencer - ‎Jul 1, 2009‎
With appraisal management companies taking over a huge share of the home appraisal business, appraisers want the federal government to rescind a 1997 rule ...

Home appraisal "code of conduct" under fire

Baltimore Sun - ‎Jun 29, 2009‎
Inflated home appraisals were one ingredient in the toxic stew that overflowed onto our economic stove, if you'll permit me a Dave Barry-like analogy. ...

TAVMA responds to NAMB regarding HVCC

National Mortgage Professional Magazine - ‎Jun 29, 2009‎
The Title/Appraisal Vendor Management Association (TAVMA) has sent a three-page letter to the National Association of Mortgage Brokers (NAMB) to protest ...

Confronting New Appraisal Rules, Impact on Housing

RisMedia.com (press release) - Paul Gores - ‎Jul 1, 2009‎
RISMEDIA, July 2, 2009-(MCT/RISMedia)-When Chad Gartzke put his three-bedroom ranch home in Wauwatosa up for sale for $196000, ...

Appraisal Institute Calls on HUD to Rescind Mortgage Regulation

PR Newswire (press release) - ‎Jul 1, 2009‎
WASHINGTON , July 1 /PRNewswire/ -- The Appraisal Institute, the nation's largest real estate appraisal association, today led a coalition of four ...

Industry Eyes Moratorium on GSE Appraisal Code, Effort Unlikely to ...

Inside Mortgage Finance - ‎Jul 1, 2009‎
Members of Congress sympathetic to the mortgage and real estate industries have introduced legislation that would impose an 18-month moratorium on the ...

Briefs: Suspension of appraisal code sought

Bradenton Herald - ‎Jun 30, 2009‎
MANATEE — Two US representatives have filed a bill that would suspend a controversial real estate appraisal code that some contend is stifling the housing ...

Real estate column: New appraisal code irks some

Bakersfield Californian - Courtenay Edelhart - ‎Jun 30, 2009‎
Henry A. Barrios / The Californian Fred Berger looks over the multiple listings service print out that ...

Bill aims to suspend new appraisal rules

Arizona Republic - Craig Anderson - ‎Jun 30, 2009‎
Valley loan brokers, home builders and real-estate agents said they're hoping Congress will approve a proposed ...

Federal bill to suspend new appraisal law

Examiner.com - ‎Jun 30, 2009‎
The Home Mortgage Valuation Code of Conduct (HVCC) is a "law of unintended consequences," says Ted Faravelli, Jr. executive director of the California ...

NAMB Applauds Bill To Suspend HVCC

Mortgageorb - John Clapp - ‎Jun 30, 2009‎
The Home Valuation Code of Conduct (HVCC) may be suspended for 18 months, if one recently introduced piece of ...

Former Board Chair of Tennessee Real Estate Appraiser Commission ...

PR-USA.net (press release) - ‎Jun 30, 2009‎
In his Johnson City, Tenn. office surrounded by golf photos and memorabilia, veteran real estate appraiser John Bullington isn't talking tee-times. ...

Bill Urges HVCC Moratorium

Housing Wire - Diana Golobay - ‎Jun 29, 2009‎
Two lawmakers serving on the House Financial Services Committee introduced HR 3044 late last week in an effort to temporarily lift new ...

HVCC Causing Transaction and Economic Problems

The Chicago 77 - ‎Jun 29, 2009‎
In March 2008, Fannie Mae entered into an agreement with The Federal Housing Finance Agency (FHFA). This agreement was set up to adopt certain policies ...

Daily Real Estate Update

The Chicago 77 - ‎Jun 26, 2009‎
... and his staff who worked directly on the Home Valuation Code of Conduct (HVCC) adapted by Fannie Mae and Freddie Mac that went into effect May 1, 2009. ...

 

 

 

 

     

 

 

 
       

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