Skip to main content

Fifth Third Mortgage successfully implements Making Home Affordable program

May 04, 2009

NAMB's Government Affairs Committee coments on HVCCMortgagePress.comNAMB, HVCC, appraisals, HR 1728, The Mortgage Reform and Anti-Predatory Lending Act of 2009 Although the Home Valuation Code of Conduct (HVCC) goes into effect on May 1, the National Association of Mortgage Brokers is continuing the fight! Unfortunately, on Wednesday, April 29, the House Financial Services Committee voted against attaching the Miller/Childers Amendment to HR 1728, "The Mortgage Reform and Anti-Predatory Lending Act of 2009" requesting a delay of the HVCC, by a margin of only five votes. This does not mean the cause is lost! The fight continues! HR 1728 is tentatively scheduled to be voted on by the entire House of Representatives on May 7, 2009. NAMB continues to work closely with members of Congress and is exploring all possible options resulting in the withdrawal the newly implemented rule. NAMB will update members on new developments as soon as possible. Please visit the new HVCC Resource Center for more information.
About the author
Published
May 04, 2009
The Agency, Barrett Financial Group Launch Joint Venture

Aclara Lending will offer its luxury clients a diverse selection of loan products, sourced from 140 different wholesalers.

Oct 07, 2024
NAR's Chief Legal Officer Steps Down

Katie Johnson led the association's legal team for 10 years

Oct 01, 2024
NAHB, Regions Bank, And Others Provide Disaster Relief

Regions Bank provides disaster-recovery financial services and NAHB helps rebuild

Oct 01, 2024
Rocket Mortgage And Annaly Capital Management Enter Subservicing Agreement

Rocket will handle all servicing and recapture activities for a portion of the mortgage servicing rights held by Annaly.

Oct 01, 2024
Florida Receives $1M In Disaster Relief From Fairway Independent Mortgage Corp.

Fairway CEO calls out competitors to lend a helping hand as Florida homeowners are left reeling from disaster

Sep 30, 2024
Buyers Usher Into Market After Rate Cut

Buyer agents surveyed report 'minimal market disruption' following NAR Settlement

Sep 27, 2024