HVCC Petitions

Request For Reconsideration of HVCC Petition – Click to view and sign the petition to request reconsideration of HVCC to New York Attorney General, Fannie Mae, Freddie Mac, and the Office of Federal Housing Enterprise Oversight:  http://www.hvccpetition.com/ViewSignatures.aspx.

Freddie Mac Clears the Air: – For a clear and helpful Q&A on the HVCC that separates fact from fiction, click here.

NAR’s Letter to Delay HVCC – click to read

Free Fannie HVCC Webinar: – Fannie Mae’s newest guidance on the HVCC is a recorded web seminar you can access for free: http://fanniemae.articulate-online.com/p/7778743881/DocumentViewRouter.ashx?Cust=77787&DocumentID=8c52a13c-6bbc-4cfa-9594-cab11a890869&Popped=True&InitialPage=/player.html?slide

What Regulators Think: FHFA Letter Regarding HVCC is a response from the Federal Housing Financing Agency (FHFA) to an inquiry made on behalf of an appraiser by Peter J. Visclosky (D – IN) from the U.S. House of Representatives. The response letter from FHFA states in part: “The Code (HVCC) does not alter the fundamental business models that exist in the appraisal industry, nor does it alter the fees or charges of any participants in the valuation system.”