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Volume 20 - Number 13

June 22, 2009

HVCC Causing Longer Closing Deadlines

The National Association of Mortgage Brokers last week urged Congress to hold a hearing on the impact of the Home Valuation Code of Conduct on consumers and small businesses following reports of long, costly closing delays and other implementation problems. Testifying during a House oversight subcommittee hearing on FHA fraud, NAMB President Marc Savitt said that delays in...

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