Click To Support Reversal Of The Business-Destroying HVCC Legislation - And Forward NOW !!!
Posted in Alternative Business Models By Danny C. Flucke Jr., Tuesday, August 18, 2009.URGENT HVCC UPDATE:
Thank you to everyone who responded to our article last month concerning the business-destroying HVCC legislation - And for signing our petition to overturn it.
HVCC continues to devastate home values across the US. The mortgage industry is now faced with EXPANSION of the HVCC fiasco with higher Fannie and Freddie loan limits.
HVCC will carry through to former “jumbo” markets forcing more and more downward preasure on homeowners real estate values.
As we’ve shared before - Representatives Childers (D-MS) and Miller (R-CA) introduced legislation (H.R. 3044) requesting an 18 month moratorium on the Home Valuation Code of Conduct (HVCC).
H.R. 3044 now has over 54 co-sponsors and NOW is the time to forward our petition to every person you know and every representative in the country. Read some of the comments in the petition and you will soon understand the harmful nature of this horribly misguided code.
We should all applaud and support the introduction of H.R. 3044 and thank Representative Childers (D-MS) and Representative Miller (R-CA) for their continued efforts and leadership on this issue. But just that is NOT ENOUGH.
It is estimated 75,000 homeowners have already been robbed of their opportunity to enjoy historically low rates by Attorney General Andrew Cuomo’s rule.
HVCC needs to be permanently reversed in order to restore lower costs to the consumer and to protect the tens of thousands of real estate transactions (Both purchase and refinance) stalled by this horribly misguided code.
Please sign and forward the following petition to all agents in your offices, branches, and everyone else you know in the industry.
Ask them to also sign it and forward it on.
www.hvccpetition.com
Thank you, Danny
Thank you,
Respectfully,
Danny C. Flucke Jr. - Senior Partner
Nationwide Mortgage Experts
Direct: (714) 624-9479
Email: DCFJ@NationwideMortgageExperts.com
Websites: www.NationwideMortgageExperts.com / www.NaMoEx.com
LinkedIn: http://www.linkedin.com/in/DannyCFluckeJr
Plaxo: http://DannyCFluckeJr.myplaxo.com/
Inman: http://www.inman.com/user/22381
PS: Sooner or later – Someone you care about will need expert mortgage advice - When buying their homes – And refinancing or modifying their current mortgages. Please pass along our website and contact information. You can trust they will receive the same high levels of respect and diligence. Thank you.

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