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hvcc: FHA Answers your HVCC Questions. Don't bother us! - 04/20/10 01:33 PM
I had a good laugh this morning listening to the boys over at TBWS (Think Big, Work Small). If you don't listen to these guys you're missing a chunk of good real estate information because I can't cover it all.
So after to listening to FHA Commissioner Dave Stevens yesterday and agreeing/disagreeing with what he had to report (FHA's Dave Stevens Talks. WE created the mess. THEY'll clean it up. Oboy), the TBWS rant this morning was entitle 'FHA - The Toothless Dog?' Now Brian & Frank have been known to embellish a bit sometimes in the interest of entertaining … (0 comments)

hvcc: California Association of Realtors® Sponsors Eight Bills for 2010 Session - 02/08/10 12:49 PM

After a successful year spent playing defense against a variety of point-of-sale bills and several tax measures aimed at Realtors®, the California Association of Realtors® is going back on the offense this year with eight new bills we are sponsoring. A sponsored bill is one that we author and then find a legislative sponsor - either Senator or Assembly member - to carry the bill for us. The selection of an author is a critical process as some bills have greater appeal to Democrats, others have more appeal to Republicans, some appeal to both in equal measure and some have … (3 comments)

hvcc: California Association of Realtors® posts hotline for HVCC Complaints - 12/22/09 01:47 PM
Since the inception of HVCC, problems and complaints have become pandemic acorss the country. I've written about the problem before - from the NAR Convention where HVCC became a major point of contention at a panel discussion with Freddie, Fannie, FHFA etc. and later when a study was released showing appraiser fraud up 46%. From more than 100 commenters on these and other sites where these blogs are posted, there has only been one (1) person who has been adamantly in favor of HVCC, plus the spokeshole for Fannie Mae at NAR who noted that her complaints were 'way down'. She … (2 comments)

hvcc: More HVCC Problems - Fraud up 46% over last year? How can that be? - 11/16/09 12:24 AM
My rant on the NAR program "HVCC Problems? Not According to the Government", stirred up quite a response from Realtors on AR, just as it did with Realtors at the NAR program. Nobody - NOBODY but the government and the people making money off the program think HVCC is working. It's not working for appraisers, it's not working for Realtors and MOST IMPORTANTLY IT'S NOT WORKING FOR THE PUBLIC - OUR CLIENTS, whom it was supposed to protect. One might almost think Andrew Cuomo was getting some kind of payback for this because in terms of a workable program, this one … (60 comments)

hvcc: At the NAR. HVCC Problems? Not according to the Government. - 11/13/09 11:04 PM
One of the seminars I attended today at NAR was entitled 'Managing the Risks and Opportunities of the New Home Valuation Code of Conduct (HVCC)."
Let me say at the outset, I sat through the whole friggin thing and didn't note any opportunities - unless you count aggravation as an opportunity.  No shortage of risks, however.
NAR did a great job staging this - they had a panel in place that included spokesholes from FHFA, FHA, Fannie Mae, Freddie Mac and an AMC. Oh, and they had two Realtors sitting in for balance. In my humble opinion, if I had … (47 comments)

hvcc: C.A.R. 2010 Legislative Agenda Shapes Up. - 10/12/09 05:58 PM


On October 10, The California Association of Realtors in it's 526th session, brought forward a number of 'Action Items' that will result in forward progress and, in some cases,  calls on C.A.R. to sponsor and/or support legislative action. 
C.A.R.'s legislative agenda contains several ways to address issues. The call to 'SPONSOR' legislation is our highest level of action requiring a significant commitment of time and resources to accomplishing our goal. This generally means drafting a bill, finding a legislator to carry it on our behalf, and involves significant efforts by our lobbyists and members to ensure the success of … (0 comments)