Amidst all of the discussion of the mortgage crisis and the implementation of the Home Valuation Code of Conduct (HVCC), there has been lots of finger pointing, concerning who was at fault for the meltdown and what should and should not be done to fix the problem(s). Unless you have been in seclusion for the past year, you have heard of the attempts of New York Attorney General Andrew Cuomo to keep appraisers separated from loan originators.Read more

Within the past year, we in the financial industry have witnessed catastrophic economic changes like never before seen in modern times. The change, while seeming to erupt from a typical soft market, exploded into a multifaceted economic tsunami of biblical proportions. It resulted in a complete economic collapse of the underpinning of our financial system and affected every part of our lives.Read more

The change that we in the mortgage and housing industries have experienced within the past year is amazing. As a result of last fall’s elections, we have gone from a relatively conservative government to a significantly more liberal one. The economy has tanked in a way that most of us have never witnessed. Now with the Home Valuation Code of Conduct (HVCC) and other regulatory mandates, some of us have been less than positive about our profession and our jobs.Read more