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Test your knowledge of the new HVCC guidelines
May 3rd, 2011 5:38 PM
Since it took effect May 1, 2009, the Home Valuation Code of Conduct (HVCC) has generated significant commentary among real estate professionals, appraisers, and lenders—as well as plenty of uncertainty over exactly what the agreement does and does not allow. The HVCC is a set of guidelines to curb inaccurate appraisals developed by New York Attorney General Andrew Cuomo and the two secondary mortgage market companies Fannie Mae and Freddie Mac, with support from their regulator, the Federal Housing Finance Agency. Click on the link below to test your knowledge on this guideline.

http://www.realtor.org/rmoquiz2.nsf/HVCC?OpenForm

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Posted by Teresa Molina on May 3rd, 2011 5:38 PMPost a Comment

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