Real estate blog entries tagged with refinance by California Home Loans | Mortgages | Refinance | Joe Almirantearena (http://www.findmyloanonline.com)

Channels
Consumer
Professional
States
USA
- AL
- AK
- AZ
- AR
- CA
- CO
- CT
- DE
- DC
- FL
- GA
- HI
- ID
- IL
- IN
- IA
- KS
- KY
- LA
- ME
- MD
- MA
- MI
- MN
- MS
- MO
- MT
- NE
- NV
- NH
- NJ
- NM
- NY
- NC
- ND
- OH
- OK
- OR
- PA
- RI
- SC
- SD
- TN
- TX
- VI
- UT
- VT
- VA
- WA
- WV
- WI
- WY
Canada
- AB
- BC
- MB
- NB
- NL
- NT
- NS
- NU
- ON
- PE
- QC
- SK
- YN

refinance: Have a problem with the appraisal? Don't blame your mortgage pro, blame Washington. - 08/24/09 11:21 PM

It's been over 100 days since the HVCC law came into effect, and I'm throwing in the towel on this one. What a disaster. The HVCC law "protects" borrowers and lenders by preventing mortgage pros from speaking directly with appraisers, and thus not allowing them to "influence" the values. The practical consequences of this law has caused lenders to feel less confident in the appraisal, than ever before.
In practice, this HVCC law has helped create a third party appraisal referral industry. This industry is collecting as much as 40% of the appraisal fee. Because so little remains for the appraiser, … (4 comments)

Related Links:

California Home Loans | Mortgages | Refinance | Joe Almirantearena

Fresno, CA

More about me…

http://www.findmyloanonline.com

Address: http://www.findmyloanonline.com, CA

Office Phone: (800) 785-4952

Cell Phone: (800) 785-4952

Email Me

I have included helpful consumer information about California home loans I've collected, and tried to add interesting subjects that all of you are thinking about. Enjoy the topics.

Links

Archives

Find CA real estate agents and Fresno real estate on ActiveRain.

Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.