REAL Trends Updates

New financial reform legislation transforms appraisals

The financial regulatory reform bill signed into law recently could result in more accurate home valuations, higher appraisal costs, faster closings, more completed transactions and maybe even higher prices, according to critics of a controversial quasi-governmental regulation that the legislation eliminated.Enacted a year ago last May, Fannie Mae and Freddie Mac enacted the Home Valuation Code...  This content only available to REAL Trends Members. Please log in below.