Real estate blog entries tagged with hvcc ivpi by Kenneth Rossman - Long Island, NY Appraiser (Appraiser, Ken Rossman)

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Home : Blogs : Kenneth Rossman - Long Island, NY Appraiser : Kenneth's Blog : Tag "hvcc ivpi"

hvcc ivpi: S.2860 - Fair Value and Independent Appraisal Act - 07/05/08 07:44 AM

A bill to diminish predatory lending by enhancing appraisal quality and standards, to improve appraisal oversight, to ensure mortgage appraiser independence, to provide for enhanced remedies and enforcement, and for other purposes.
The proposed Fair Value and Independent Appraisal Act , introduced by Sen. Robert Casey [D-Pa] amends the Truth in Lending Act to prohibit a creditor from extending a mortgage to any consumer without first obtaining a written appraisal of the property to be mortgaged, prepared in accordance with specified requirements. Requires a creditor to provide a copy of each such appraisal to the consumer without charge, at least three … (8 comments)

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Kenneth Rossman - Long Island, NY Appraiser

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