National Association of Realtors Exisiting Home Sale Prices may09
U.S. Economic Outlook: July 2009
Home Valuation Code of Conduct – Home Appraisals -IMPORTANT
Other regulatory changes have been implemented by Fannie Mae and Freddie Mac’s adoption of the Home Valuation Code of Conduct (HVCC) on May 1, 2009. NAR Government Affairs is taking several steps to raise concerns about implementation of the HVCC, its effect on consumers, and the use of appraisal management companies (AMCs) by lenders in some areas of the country. HVCC regulations also have the potential to affect closing timelines.
Here is an Information Pack on the issue.
