Why is it important to get rid of the new “Home Valuation Code of Conduct” or HVCC?

Why is important to get rid of HVCC? We’ll let’s start at the beginning shall we…? A long, long time a ago in a distant parallel universe someone got the idea that loaning money to unqualified buyers and then reselling the loans as investment vehicles was a great IDEA! So good in fact, that if you could fog up a mirror and one of the three blind mice could vouch for the properties value that you were buying than you could get a loan. And not just any loan I mind you! I loan that is … [Read more...]

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