Ok this week, I tackle the Home Valuation Code of Conduct which begins on May 1, 2009. I wonder, is this a Y2k event or does this make matters worse?
This change effects the entire mortgage food chain: Appraisers, Mortgage Brokers, Lenders and Real Estate Agents. It’s worth getting your arms around it.
Home valuation code of conduct
Home Valuation Code of Conduct Frequently Asked Questions (FAQs)
Home Valuation Code of Conduct (HVCC) – Myths and Realities (Appraisal Institute)
[podcast format=”video” width=”300″ height=”18″]https://www.millersamuel.com/wp-content/uploads/oldimages/podcasts/20090427-the-housing-helix-podcast-home-valuation-code-of-conduct_-y2k-of-appraising_.m4a[/podcast]
Tags: HVCC, OFHEO, Appraisal Institute
I really enjoy your podcast. Can you share/post some blogs that you frequently regarding the topics of Appraising? Your past show about the upcoming HVCC was good, I just have one question for anyone who is in fear of it…Who will be enforcing it? Its not being enforced by my local state board.
While reading comments to a post in another blog, I picked up the quote “They meant for the acronym HVCC to be pronounced “havoc” right?” It’s been used as the tag line for nearly all of my blog posts about the HVCC. I’m please to have found you as the source, and made the attribution tonight, along with a link to your podcast.
Come by and take a look when you have the time.