GSEs Dump Appraisal Watchdog, Will Handle HVCC Complaints
June 1, 2010
Fannie Mae and Freddie Mac will be handling all complaints related to the Home Valuation Code of Conduct, jilting plans to create and fund an Independent Valuation Protection Institute as stipulated in a 2008 agreement with the New York Attorney General’s Office. In a May 20 letter to NY Attorney General Andrew Cuomo, the Federal Housing Finance Agency said the...