Real estate blog entries tagged with regulations by Michele Ott

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Home : Blogs : Michele Ott : Michele's Real Estate Blog : Tag "regulations"

regulations: HERA and HVCC information on how the new government regulations may impact closing dates. - 07/15/09 11:50 AM

I know many of you keep updated on all aspects of being a Realtor but here is some information that may have slipped by you. The mortgage industry is going through some changes especially those that impact time-lines.
HVCC has already went into effect May 2009. Home Valuation Code of Conduct main goal is to boost the overall sincerity of the valuation process. A stipulation worth mentioning is that borrowers receive a copy of their appraisal reports no less than 3 days prior to the closing absent a borrower waiver of this condition.
HERA effective date is July 30, 2009 and amends the Truth … (1 comments)

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Michele Ott

Reno, NV

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