This rule was put into effect on May 1, 2009 by Freddie Mac and Fannie Mae. It stated that, from then on, the agencies would only buy mortgages that had been backed by an independent appraisal.
Related information about Home Valuation Code of Conduct (HVCC):
- (HVCC) - "Myths and - Appraisal Institute
The Home Valuation Code of Conduct (HVCC) was effective on May 1, 2009. As of that date, institutions that deliver loans to Fannie Mae or Freddie Mac must ...
- Home valuation code of conduct - Wikipedia, the free encyclopedia
The Home Valuation Code of Conduct (HVCC or the 'Code') is an American document that was created jointly by members of Freddie Mac, the Federal Housing ...
- Home Valuation Code of Conduct - Federal Housing Finance Agency
Home Valuation Code of Conduct. I. Appraiser Independence Safeguards. A. An “appraiser” must be, at a minimum, licensed or certified by the state in which the ...
- Obama Signs Bill Eliminating HVCC | HousingWire
Jul 23, 2010... Act this week to reform the financial markets, the Home Valuation Code of Conduct (HVCC) was officially set for elimination in 90 days.
- Home Valuation Code of Conduct (HVCC) Definition | Redfin
Mar 3, 2011 ... Home Valuation Code of Conduct (HVCC). The HVCC is a set of federal guidelines designed to enhance the integrity of the home appraisal ...
- How the Home Valuation Code of Conduct (HVCC) May Affect Your ...
Jun 22, 2009 ... The dreaded words being bantered about in real estate right now are the Home Valuation Code of Conduct (HVCC). I don't know of a single ...
- Home Valuation Code of Conduct (March 3, 2008) - Freddie Mac
Mar 3, 2008 ... Home Valuation. Code of Conduct. I. No employee, director, officer, or agent of the lender, or any other third party acting as joint venture partner ...
- HVCC: Home Valuation Code of Conduct Update
May 8, 2009... than 1,000,000 people whose livelihoods are being compromised by the passage of the new Home Valuation Code of Conduct (HVCC).