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Ryan, You are 100% correct on your concerns with regards to bogus/individual/users posting garbage on the MND forum. I have had people also post slanderous items on my private comment section. There apparently are some sick individuals who are trying to paint the mortgage broker dirty as fake users. I have corresponded my concerns with Adam Quinones
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http://www.mortgagenewsdaily.com/mortgage_rates/blog/87536.aspx KEEP THE RALLY GOING AND THE GRASSROOTS.
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The article was written by a fellow mortgage broker Brian D. Tata It is ironic that you call this “The Big Picture” when you don’t take a big picture approach to HVCC while also shamefully seizing the opportunity to sensationalize it. HVCC is just another knee jerk reaction to impose a ‘fix’ on a scapegoat and a potential
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I think this issue is being looked at very carefully along with. AMC's being unregulated??? Appraisals portability . Most if not all Lenders will not accept another appraisal from another lender. Even though the ruling states appraisals should be portable? AMC's run by some who lost their license as an appraiser? Cuomo found misconduct with
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Home-Price Recovery May Be Undermined by Appraisals (Update2) By Dan Levy June 24 (Bloomberg) -- There may be another culprit scuttling a U.S. housing recovery: low home appraisals. Flawed appraisals are derailing real estate sales and depressing values across the U.S., the National Association of Realtors said yesterday as it reported that existing
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New Rules on Home Appraisals End Up Thwarting Many Sales Published: Tuesday, 23 Jun 2009 | 3:14 PM ET By: Diana Olick CNBC Real Estate Reporter I hate to say I told you so, but on May 1st and again on June 1st , I told you about the potential negative ramifications of the Home Valuation Code of Conduct. Today the Realtors confirmed what I had been hearing
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Less competition more market share possibly?
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Dear NAMB Members, NAR Joins HVCC Fight We are happy to inform you that the National Association of REALTORS® (NAR) has joined the fight against the Home Valuation Code of Conduct (HVCC)! NAR’s legislative team and membership are actively engaged in meetings and are requesting an immediate 18 month moratorium for the HVCC. NAMB thanks NAR
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June 22, 2009 HVCC CALL TO ACTION New contact information for Fannie Mae To: All Mortgage Brokers, Real Estate Agents, Appraisers, Lenders, Home Builders, Title Agents, and Consumers From: Marc Savitt, CRMS, President- National Association of Mortgage Brokers After more than a year of exhaustive negotiations with Fannie Mae, Freddie Mac, James Lockhart
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Dear Committee: Just FYI - We are taking several steps regarding the Home Valuation Code of Conduct (HVCC). As I'm sure you know, implementation of HVCC has been less than optimal and it is causing problems across the real estate industry. To that end, we are moving to request an 18-month moratorium. We are looking to schedule meetings with FHFA