Real estate blog entries tagged with cuomo by Doug Walker (Churchill Mortgage)

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Home : Blogs : Doug Walker : Doug Walker's Blog : Tag "cuomo"

cuomo: Warning: New Appraisal Rules As Of May 1 - 05/02/09 10:49 PM

As of Friday, May 1, 2009 - there is a new rule that will directly affect most everyone trying to purchase or refinance a home.
The Question: Will this new rule help or hurt homeowners, or do we know yet?
The Details The rule is called the "Home Valuation Code of Conduct" but is referred to in the industry by it's initials H.V.C.C. The HVCC is the outgrowth of a lawsuit filed by New York Sate Attorney General Andrew Cuomo designed to "improve the reliability of home appraisals," according to FHFA, Fannie and Freddie's regulator. Fannie Mae and Freddie Mac have agreed to adopt the … (1 comments)

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Doug Walker

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