HVCC's Sunset and Other Appraisal Reforms on the Horizon
Congress is poised to eliminate the contentious Home Valuation Code of Conduct, (the “HVCC”), and with the HVCC set to sunset, more expansive (and expensive) appraisal reforms are on the horizon.
Tucked within the massive Dodd-Frank
While the HVCC may be fading into the sunset, don’t expect the same fate for AMCs, AVMs, and BPOs.
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