Tag Archives: Freddie Mac

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 [...]

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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 [...]

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