Meandering
Elite Member
- Joined
- Feb 26, 2006
- Professional Status
- Real Estate Agent or Broker
- State
- Pennsylvania
http://www.freddiemac.com/singlefamily/pdf/hvcc_746.pdf
Home Valuation Code of Conduct
Background
The Home Valuation Code of Conduct (the
Code) is the result of a joint agreement made
in March 2008 between Freddie Mac, the
Federal Housing Finance Agency (FHFA), and
the New York State Attorney General to
enhance the independence and accuracy of
the appraisal process.
As part of this agreement, we held an open
comment period from March 14 through April
30, 2008, to solicit comments on the Code
from Sellers and other industry participants
regarding operational challenges, clarification
of terms, and unintended consequences of the
Code. All feedback was provided to FHFA and
the New York State Attorney General and was
used to develop the revised Code.
The revised Code has been added to the
Guide as Exhibit 31,
Home Valuation Code of
Conduct.
.
Home Valuation Code of Conduct
Background
The Home Valuation Code of Conduct (the
Code) is the result of a joint agreement made
in March 2008 between Freddie Mac, the
Federal Housing Finance Agency (FHFA), and
the New York State Attorney General to
enhance the independence and accuracy of
the appraisal process.
As part of this agreement, we held an open
comment period from March 14 through April
30, 2008, to solicit comments on the Code
from Sellers and other industry participants
regarding operational challenges, clarification
of terms, and unintended consequences of the
Code. All feedback was provided to FHFA and
the New York State Attorney General and was
used to develop the revised Code.
The revised Code has been added to the
Guide as Exhibit 31,
Home Valuation Code of
Conduct.
.