Comments on: Who enforces the HVCC? http://agentgenius.com/real-estate-mortgage-economy/mortgage/who-enforces-the-hvcc/ News About Real Estate Social Media, Marketing, Technology Mon, 22 Mar 2010 02:38:32 -0400 http://wordpress.org/?v=2.8.6 hourly 1 By: Is MBA telling the full story? | Real Estate Opinion MAG - AgentGenius http://agentgenius.com/real-estate-mortgage-economy/mortgage/who-enforces-the-hvcc/#comment-36129 Is MBA telling the full story? | Real Estate Opinion MAG - AgentGenius Thu, 16 Jul 2009 14:54:39 +0000 http://agentgenius.com/?p=14829#comment-36129 [...] I’m sure most of you have already heard, the HVCC has greatly impacted the way lenders and appraisers work together. However, the [...] [...] I’m sure most of you have already heard, the HVCC has greatly impacted the way lenders and appraisers work together. However, the [...]

]]> By: Frank Gregoire http://agentgenius.com/real-estate-mortgage-economy/mortgage/who-enforces-the-hvcc/#comment-35397 Frank Gregoire Sat, 04 Jul 2009 02:51:06 +0000 http://agentgenius.com/?p=14829#comment-35397 Ben, The HVCC (they meant for the acronym to read "HAVOC") actually became effective May 1, 2009. Don't hold your breath waiting for the IVPI. As you know, it's supposed to be funded by Fannie and Freddie and they're just a little short of liquidity right now. Our best bet is H.R. 3044, the bill that requires an 18 month moratorium on the HVCC. Ben,

The HVCC (they meant for the acronym to read “HAVOC”) actually became effective May 1, 2009.

Don’t hold your breath waiting for the IVPI. As you know, it’s supposed to be funded by Fannie and Freddie and they’re just a little short of liquidity right now.

Our best bet is H.R. 3044, the bill that requires an 18 month moratorium on the HVCC.

]]> By: Bridget Magnus » Friday Figures for 7/3/2009 http://agentgenius.com/real-estate-mortgage-economy/mortgage/who-enforces-the-hvcc/#comment-35377 Bridget Magnus » Friday Figures for 7/3/2009 Fri, 03 Jul 2009 19:07:32 +0000 http://agentgenius.com/?p=14829#comment-35377 [...] the rules both nationally and in each state where they operate (more on that another day). HVCC is a new set of appraisal regs, and nobody knows how to enforce them yet. This story is important to Realtors, buyers, sellers, and mortgage people because it directly [...] [...] the rules both nationally and in each state where they operate (more on that another day). HVCC is a new set of appraisal regs, and nobody knows how to enforce them yet. This story is important to Realtors, buyers, sellers, and mortgage people because it directly [...]

]]> By: Joe Loomer http://agentgenius.com/real-estate-mortgage-economy/mortgage/who-enforces-the-hvcc/#comment-35361 Joe Loomer Fri, 03 Jul 2009 14:59:20 +0000 http://agentgenius.com/?p=14829#comment-35361 @Lani - thanks for Facebooking this so I'd come read it. Explains why the NAR prez went to New York to speak directly to the Assistant Attorney General, then went to DC to lobby lawmakers to change the rules. The "pending sales" index - used by many talking dumba.... I mean talking heads to tout a recovery, is simply a crock because of the HVCC and appraisal issues. When sales continue to slump and pending sales continue to go up, the only possible reason is appraisals are causing more and more failed contracts. Oh, and: "the Institute will review and report as provided in IV.B(8) and IV.C(2) of this Code of Conduct;" To whom?? Navy Chief, Navy Pride @Lani – thanks for Facebooking this so I’d come read it.

Explains why the NAR prez went to New York to speak directly to the Assistant Attorney General, then went to DC to lobby lawmakers to change the rules.

The “pending sales” index – used by many talking dumba…. I mean talking heads to tout a recovery, is simply a crock because of the HVCC and appraisal issues. When sales continue to slump and pending sales continue to go up, the only possible reason is appraisals are causing more and more failed contracts.

Oh, and:

“the Institute will review and report as provided in IV.B(8) and IV.C(2) of this Code of Conduct;”

To whom??

Navy Chief, Navy Pride

]]> By: Lani Rosales http://agentgenius.com/real-estate-mortgage-economy/mortgage/who-enforces-the-hvcc/#comment-35359 Lani Rosales Fri, 03 Jul 2009 14:53:12 +0000 http://agentgenius.com/?p=14829#comment-35359 are you KIDDING? what a joke! are you KIDDING? what a joke!

]]> By: Jim Duncan http://agentgenius.com/real-estate-mortgage-economy/mortgage/who-enforces-the-hvcc/#comment-35350 Jim Duncan Fri, 03 Jul 2009 11:31:55 +0000 http://agentgenius.com/?p=14829#comment-35350 So ... fear, ignorance and blind assumptions are enforcing the HVCC? So … fear, ignorance and blind assumptions are enforcing the HVCC?

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