Gold Canyon Real Estate

Home Appraisal System Changes May 2009-Home Valuation Code of Conduct

The rules for home appraisals have changed. On May 1, 2009 something called Home Valuation Code of Conduct (HVCC) was implemented by Fannie Mae and Freddie Mac. The Code is based on an agreement between the Enterprises (FNMA and FHLMC), the New York State Attorney General Andrew Cuomo and FHFA to improve the reliability of

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