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what you need to know: 1 Month Review of the HVCC Appraisal Changes - What Realtors, Lenders and Consumers Need to Know - 06/02/09 10:23 PM
I was going to make this a one line post and say that this law STINKS and leave it at that.  But in fairness to the consumers, realtors, lenders and everyone else out in the lending sphere, the law review needs some elaboration.
HVCC was created to take the originating task force out of the way of influencing appraisal values.  The real truth is that it rarely happened.  I'd say that less than 3% of the lenders were unscrupulous, but as the expression goes the whole suffers because of the sins of the few.  Needless to say, those that are suffering … (43 comments)

 
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Larry Bettag Illinois FHA Specialist

Saint Charles, IL

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Larry Bettag - Cherry Creek Mortgage

Address: 40W310 LaFox Road, Saint Charles, IL, 60175

Office Phone: (630) 524-9677

Cell Phone: (630) 417-7172

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 1 “Let not your heart be troubled; you believe in God, believe also in Me. 2 In My Father’s house are many mansions; if it were not so, I would have told you. I go to prepare a place for you. 3 And if I go and prepare a place for you, I will come again and receive you to Myself; that where I am, there you may be also. 4 And where I go you know, and the way you know.”
(John 14:1-4, New King James Version) I review for BookSneeze

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