HVCC Needs a Mid Course Correction

How is the HVCC like the Apollo missions?<br /><br />In case you have not had a transaction in the mortgage world since last May, the <a href=”http://en.wikipedia.org/wiki/Home_valuation_code_of_conduct”>HVCC</a> is not working (understatement).<br /><br />Now, it’s time to explore how to make the fraud stay away in the financial world balance with people getting accurate values of their home.<br /><br />Some have said, let’s do HVCC like VA where the apprasier is just chosen by a computer.<br /><br />Others say that since the original reason HVCC was done was because of a company and loan officers that don’t exist anymore, so dump it.<br /><br />The appraisers themselves have had their incomes slashed and the Management companies (some owned by the Lender themselves) have gotten richer.<br /><br />To quote someone, “If it ain’t broke, don’t fix it.”  Well it is broker, so let’s fix it.<br /><br />If <a href=”http://www.facebook.com/home.php?ref=home#/pages/Stop-Cuomo/177206952117?ref=mf”>New York Attorney General Cuomo</a> is a real leader, he will take the lesson from NASA during the moon shots and make a mid-course correction and fix what is wrong or the HVCC capsule will end up in deep space!

Leave a Reply

Your email address will not be published. Required fields are marked *