Posts

Showing posts with the label housing

(HVCC) Housing evaluation code of conduct and termination of independent real estate appraiser

Image
The code of conduct of the evaluation of the house is a belief system which is said that real estate appraisers are threatened, compelled, bribes etc are to be thought of property evaluation. Fannie Mae and Freddie Mac tied up with the New York State Attorney General and proposed a bill not going to the Senate or the House Committee. The future of the review project is regulated by Fannie Mae and Freddie Mac. It will be sponsored to finance mortgage loans. This bill has become very unpopular for mortgage brokers, real estate brokers, appraisers, and in particular end consumers. Personally I do not believe this bill at all and why do we discuss why through the explanation of each factor? First of all, it is obvious why this bill is terrible, if the bill passes, it will become obsolete that the future of an independent real estate appraiser will be January 1, 2009. Every appraiser must join an appraisal management company and have to pay 40% or more of income and the existence of the len...