All Blog Posts Tagged 'hvcc' (3)

I'm requesting that all Real Estate Professionals support appraisers in getting HVCC repealed. An amendment to eliminate HVCC is located inside the Consumer Financial Agency Act of 2009, soon to be discussed in the Senate. Please tell your Senators about any of your own negative experiences with HVCC. Experienced and dedicated appraisers are being driven out of the business, and in most cases being replaced with inexperienced and underpaid appraisers and unlicensed sweatshop employees. Ideas of… Continue

Appraisers need to contact their senators, and tell them to vote to dumb HVCC, when the Consumer Finance Bill reaches the senate. The time for complaining is over folks. We may only get one shot at this. Tell them how lender pressuring has shifted from the lenders to the appraisal management companies. Tell them how the greedy appraisal management companies are stealing our profits, and putting every decent and ethical appraiser out of business, ran out by those who would set up illegal sweat sh… Continue

The Associated Press is reporting that James Lockhart, director of the Fed

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