Welcome Home San Diego County

Request For Permanent Reversal of HVCC

18 Month Moratorium on Home Valuation Code of Conduct

As if buying or selling a home doesn’t have enough obstacles to deal with, the HVCC continues to devastate home values across the U.S.

We fear that with higher Fannie and Freddie loan limits it will carry through to our former jumbo markets, leading the country even further into recession.

Representatives Childers and Miller introduced legislation(H.R. 3044) requesting an 18 month moratorium on the HVCC.   

H.R. 3044  now has 22 co-sponsors, and now is the time to forward this petition to every person you know and every representative in the country.

Tens of thousands of consumers have lost out on opportunities to enjoy historically low rates due to Attorney General Andrew Cuomo s rule.   HVCC needs to be permanently reversed in order lower costs to the consumer and to restore the thousands of real estate transactions stalled by this horribly misguided code.

We understand the intentions of the Home Valuation Code of Conduct were to help curb the potential for fraud with respect to the valuation of residential properties, but now the pendulum has swung too far the other way.

Please read the petition in its entirety by clicking the following link www.hvccpetition.com, this will help you to completely understand the severity of this issue.