HVCC – The Home Valuation Code of Conduct was devised by New York Attorney General Andrew Cuomo and accepted by the GSEs Fannie Mae and Freddie Mac in response to the Attorney General agreeing to drop a lawsuit he had brought against the mortgage giants. The highly unusual abdication of power by the U.S. Congress to a single state’s attorney general and the extremely powerful special interests of the multi-national banks and massive title companies who have benefited greatly from the implementation of HVCC, creates an appearance of collusion between big government and big business. Craig Butterfield at [email protected] forwarded these .pdfs to me. I cannot attest to their accuracy, but they appear to be very well researched and largely meet with my experience.
04-Exposing and Defeating the HVCC-R3