Oct
23
H.R. 3126. SIGNALS END TO HVCC
ByH.R. 3126. SIGNALS END TO HVCC
An amendment to a bill just out of the House Financial Services committee will effectively eliminate the negative effects of HVCC. H.R. 3126. must be passed by both the Senate and House of Representatives but there has been much discussion among real estate professionals and Congress in favor of just such an action. The NAMB (National Association of Mortgage Brokers) President Jim Perry “This is exciting news…within 60 days after this goes into law…mortgage originators and brokers will be able to order appraisals”.
Many experts in the real estate industry feel that this is a major step toward recovery in the housing market and will stimulate sales and mortgage refinancing.
Hi, gr8 post thanks for posting. Information is useful!
Thank you. I had built an appraisal business for the previous 16 years and then one day HVCC took it all away. Hopefully this legislation will help us recover some of the massive losses we have had to endure over the previous eight monghts. Thanks again.
HOPE THIS GOES, 30 YRS IN BUISNESS & NOW ALL DOWN THE DRAIN. WIFE MAI,SRA I’M AN SRA & INSTITUTE DOING NOTHING I CAN SEE. ANY PETITIONS TO SIGN OR ANY HELP. PLEASE LET MO KNOW. CAN’T EVEN DO BUSINESS ANYMORE. BRICKWALL!!
Thank You.
Since the begining of the HVCC last year of 2009 I have virtually lost all my business. A end of the HVCC needs to be implemented very soon.
Where are we now, and what is being done by those wonderful clubs we all belong to like NAFIA, AI, SRA so forth and so on. Where is their lobbying for us that pay year fees up the wasu.
Rich Greco,
Bronx, NY