18 month moratorium: HR 3044 18 Month Moratorium On HVCC WILL NOT Cure The "Low Appraisal" Disease Issue - 06/27/09 04:54 AM
http://www.realestateappraisertips.info/ - HR 3044 18 Month Moratorium On HVCC WILL NOT Cure The "Low Appraisal" Disease Issue

I'm reading this morning from the Mortgage New Daily Email about "HR 3044: To Impose 18-month Moratorium on HVCC".  The reasons given for the moratorium are these below as directly quoted:
"In the period of time since its implementation, the HVCC has increased costs to consumers and decreased the quality of appraisals and has provided a level of uncertainty in an ailing housing market. Tens of thousands of consumers have already been robbed of their opportunity to enjoy historically low rates by Attorney General … (8 comments)

 
Bill Cobb Appraiser, Greater Baton Rouge's Home Appraiser (Accurate Valuations Group, LLC)

Bill Cobb Appraiser

Greater Baton Rouge's Home Appraiser

Baton Rouge, LA

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