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hvcc: How MDIA and HVCC will Impact Your Closing Date - 08/07/09 10:22 AM
If you're in Real Estate and have a pulse, you've experienced, or at least heard of, the frustrations caused by the HVCC process.  Well, just as you started getting used to dealing with HVCC's inefficiencies, along comes MDIA (Mortgage Disclosure Improvement Act, also referred to as HERA), HVCC's slower, meaner sister.
Ok, so before you start drowning in an alphabet soup of government legislation, let's quickly breakdown the legislations' rules, and their impact on the real estate market.
 

HVCC, Home Valuation Code of Conduct (effective May 1, 2009):
Promotes the accuracy of appraisals by shielding appraisers from undue influence … (4 comments)

 
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Nicole Lahti, Austin Texas Mortgage

Austin, TX

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United Lending

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