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Posts Tagged ‘AMC’

April 14, 2011 Was the Dodd-Frank Act Passed Too Quickly?

As we noted in a recent blog post, The Down Payment Blues, the Dodd-Frank Act – which was the first modernization of U.S. real estate appraisal regulations since the Financial Institutions Reform Recover and Enforcement Act (FIRREA) of 1989 – contains a little-known regulation that requires a 20% down payment for a home loan. This [...]

July 22, 2010 Much Rejoicing as Financial Reform Bill Passes

The Dodd-Frank Wall Street Reform and Consumer Protection Act, a sweeping financial regulatory reform bill that includes the first modernization of real estate appraisal regulations in more than 20 years, has passed through the Senate, and now awaits President Obama’s signature to become law. “This bill will mean good news for consumers because they should [...]

May 28, 2009 HVCC: The Comp Check Killer

In a recent blog post, “Comp Check: The Code Red of Real Estate Appraisal,” we discussed the dubious practice of comp checks, and promised a future blog with an overview of new laws that were enacted to prevent comp checks. The future is now. Just a short recap: A comp check is something a lender [...]