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Uniform Standards of Professional Appraiser Practice (USPAP)

Did HVCC lead to more fraud?

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The National Association of Mortgage Brokers (NAMB) is attempting to link valuation fraud to the Home Valuation Code of Conduct (HVCC). I wish NAMB would give up the ghost on trying to stop HVCC because it is depleting NAMB’s resources. As a member of NAMB, I would rather see NAMB place its efforts on membership, training/certifications, and fight proposed legislation like HR 4173, Wall Street Reform and Consumer Protection Act.Read more