Lenders, Brokers, Appraisers Remain Divided on Controversial Home Valuation Code of Conduct
April 1, 2010
The pending Nov. 1 expiration of the controversial Home Valuation Code of Conduct is reviving the bitter dissention among real estate industry groups that separately want to see it repealed, reformed or kept in place for a while. The Mortgage Bankers Association wants to improve the HVCC and keep it in place until issues associated with appraiser independence can be definitively resolved. Last week...