hvcc: Mortgage rates inch upward - 08/29/09 11:48 AM
Mortgage rates inch upward
By Chris Kissell • Bankrate.com
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Mortgage rates barely moved in Bankrate's weekly survey.
The benchmark 30-year, fixed-rate mortgage edged up 1 basis point, to 5.53 percent, according to the Bankrate.com's national survey of large lenders. A basis point is one-hundredth of (0 comments)
hvcc: GOOD news for FHA! - 08/25/09 10:14 AM
GOOD news for FHA!
FHA Won't Implement HVCC The Federal Housing Administration has no plans to implement the Home Valuation Code of Conduct, Commissioner David Stevens told a delegation from the National Association of Mortgage Brokers. NAMB's FHA chairman John Councilman, who attended the meeting, reported that Mr. Stevens said (2 comments)
hvcc: The HVCC can't stop me!!! - 08/10/09 03:09 PM
I was still able to close a conventional loan, from P&S execution, to the closing table in 18 calendar days!!!
The true pros are creating teams and relationships that can make things happen! Join me in my 10th year as a Mortgage Originator. I'd love to earn your business as a (0 comments)
Apparently HVCC is a means for Appraisal Management Companies (A.M.C.'s) to gouge my valued clients.
We are doing mostly FHA purchase and streamline refis at this time, so I hadn't yet had the occasion to experience the HVCC appraisal ordering process. Boy (10 comments)
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