Home valuation code of conduct

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Partnership Provides HVCC Compliance Tool

Jun 01, 2009By

Yet another tool to help lenders meet the Home Valuation Code of Conduct compliance requirements emerged today. The HVCC enacted on May 1, completely altered the appraisal business, essentially requiring that appraisers are selected and assigned to all appraisals on a blind basis via third-party platforms. This also meant loan origination systems began altering the way they conduct business, in order to ensure lenders comply with regulations quickly and easily.

3d rendering of a row of luxury townhouses along a street

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