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Related results on Why HVCC – part 2

1. Appraiser Active: FREDDIE MAC UPDATES HVCC PAGE

   If two appraisals are obtained as part of the underwriting process, does a lender have to provide copies of both appraisal reports to the borrower or only a copy of the appraisal used to determine value? A 62. Section II of the Code requires that the borrower be provided with a copy of "any" appraisal report; therefore, copies of all appraisal reports obtained must be provided to the borrower. Q 65. If I am permitted to use an AVM such as Home Value Explorer� to estimate ...

1. Senate Financial Reform Bill- Improving the Profession ...

   It needs to be voted by banking committee and then by all senators and it may change in the process but I don't think the appraisal part of it is going to change. Here is the appraisal section of the bill: .... including the de minimus. Additionally, the study shall examine the quality of BPOs, AVMs, licensed appraisals and certified appraisals (Section 604). Calls for a study on the impact of the HVCC on small businesses and the quality of appraisals. (Section 604). ...

1. C.A.R. Newsline � Keller Williams Realty ? Silicon Valley

   The resolution was part of a broader piece of budgetary legislation that will prevent a government shutdown. Both C.A.R. and NAR have long advocated making permanent higher conforming loan limits. As a result of C.A.R.'s and NAR's efforts ... Need to explain the new HVCC regulations to your clients? Look for the tear-out sheet in your next issue of California Real Estate magazine, coming mid-November to your mailbox. Click here for more consumer articles and pass them on! ...