Even though we’ve still got work to do, I want to give props to all of the loan officers who have created some noise online about HVCC.
Since our real estate agents are impacted by the Home Valuation Code of Conduct (HVCC) as well, I’d like to share an example of how loan officers can work [...]
Tag Archives: fannie mae
Work With Your Real Estate Agents To Fight HVCC
HVCC is Up and Running. How's it Going?
Image by enignot via Flickr
Well, the Home Valuation Code of Conduct (HVCC)–the brain-child of New York Attorny General Andrew Cuomo–is fully underway in the mortgage and real estate market.
I thought this would be a great time to survey (Google-style) loan officers and real estate brokers.
Here are a few of the most interesting:
Brian Brady’s first [...]
New Mortgage Fraud Prevention, Helping or Hurting?
Image by Eric Hamilton via Flickr
MortgageInsider, Matthew Padilla from OCRegister.com digs into the ironic twist that comes from a new fraud prevention measure.
Apparently, ex-subprime lender NovaStar Financial, disciplined in three States for various licensing and fee infractions, are back in business as an Appraisal Management Company.
The irony is that this market has essentially been [...]
Fannie Mae Keys to Recovery?
Hello loan pros,
I have been researching solutions for divorcing couples who are underwater on their mortgages and need to get one party off the loan obligation. Unless they are destitute or behind on their payments it seems like no lender in its right mind will restructure the loan, approve a short sale, or let one [...]
Recent Comments