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The HVCC (Home Valuation Code of Conduct)! What a mess! June 26, 2009 To: All REALTORS® From: Charles McMillan, 2009 NAR President Re: Appraisals Dear Fellow REALTOR®, During the past two months, we have heard from many of you regarding problems with appraisals that are causing deals to be delayed or canceled altogether. I assure you that we on the NAR Leadership Team are experiencing the same problems in our businesses. In fact, VP & Liaison to Committees Steve Brown recently shared his experiences in Ohio on the Voices of Real Estate blog. Let me update you on what NAR is doing to resolve these problems quickly. On Monday, June 29th, I will be in New York to meet with the Deputy Attorney General and his staff who worked directly on the Home Valuation Code of Conduct. I plan to share our concerns, as well as your stories, and ask for their assistance in resolving any problems related to the HVCC. On Tuesday, June 30th, I will travel to Washington, D.C., to meet with the Director of the Federal Housing Finance Agency to discuss ways we can work with Fannie Mae, Freddie Mac and lenders to ensure that appraisals are accurate. We will keep you posted on the outcome of these meetings. In the meantime, I encourage you to check out the following resources on Realtor.org for more information on the HVCC and how appraisal problems are impacting the real estate market: Economists Podcast HVCC Appraisal Blog On behalf of the entire Leadership Team and staff, I thank all of you who have shared your experiences and concerns with us. With your continued participation, I believe we will overcome this challenge in much the same way as we have conquered others – "United Toward Tomorrow." Sincerely, Charles McMillan
Hey all, https://www.cnbc.com/id/31509964/site/14081545?__source=yahoo%7Cheadline%7Cquote%7Ctext%7C&par=yahoo https://www.thinkbigworksmall.com/mypage/player/tbws/10655/1088694 Best of luck,
HVCCpetition.com Please take a moment and CLICK HERE to AUTHORIZE THE PRESS TO CONTACT YOU regarding your HVCC Petition signature and comments. The success of our HVCC Petition are going to be based on our focus on actual stories of real harm to consumers, not just theories or complaints about what's happening to those of us in the industry. The media has proven that it doesn't really care how much Realtors, mortgage professionasls and appraisers suffer but we are going to overwhelm them with the real harm they are doing to everyone which is why we need you bring us your very best stories of real harm to real people and grant us authorization to have the press contact you directly. Click the link above and you will be taken straight to your petition signature page so you can update your information as you see fit, it should only take you a moment if you are willing to share your story. And, if you can get any "Victims of HVCC" to sign the petition and tell their own story that would be best of all. We will not stop fighting this until it is corrected and we can't thank you enough for all your support and help. -Think Big Work Small
We've Got the Media's Attention on HVCC! 06.24.09 A major media outlet is interested on the HVCC story. We need your help NOW! Has your city seen any of the $6BB from NSP? Citi handing out raises.. how will Obama react?
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