admin | September 28, 2009
The following FAQ may answer some of the concerns you may have on the new HERA mortgage requirements and how they will affect the timeline of your real estate transaction.
admin | September 28, 2009
FannieMae and FreddieMac adopted the Home Valuation Code of Conduct (HVCC) in 2008 in order to reinforce, protect, and enhance the overall integrity of an appraiser’s valuation process. This code of conduct became effective on May 1, 2009.
admin | September 28, 2009
In 2008, the Housing and Economic Recover Act (HERA) was passed by Congress and became effective July 30, 2009. The Federal Reserve Board published the new regulations under the Truth in Lending Act.
admin | September 15, 2009
The Department of Housing and Urban Development has put out a list of Tips that can help you avoid Foreclosure. However, before following these tips, you will want to determine if this is only going to be a temporary fix, and if keeping your home is worth the consequences that some of these tips may have on you in the future.
