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Is HVCC required on FHA? We are doing it, but I cant find and article anywhere that says we have to?

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August 26 2009 - US

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Profile picture for bagnn
http://www.realtor.org/government_affairs/gapublic/gses_hvcc_announced

I think is one of those things that a company does because sooner or later it will be standard.

http://www.freddiemac.com/singlefamily/home_valuation.html
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August 26 2009
Profile picture for JohnDoucette
You are not currently require to follow HVCC regulations on FHA loans...  However, as the previous poster indicated, it may be in the near future.

Best,

John
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August 26 2009
Profile picture for Zilluminati
According to internet rate service geeks at TBWS, FHA announced yesterday that it would not be using HVCC regs because they are detrimental.
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August 26 2009
Profile picture for mikeharrison
My understanding is that FHA has already said No HVCC for them.
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August 26 2009
 
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