Tag: Appraiser Independence Requirements
IDS Phases HVCC Out of Mortgage Doc Packages for 2011
SALT LAKE CITY, Utah /eNewsChannels/ -- International Document Services (IDS), a mortgage document preparation vendor, announced it has begun to phase out the Home Valuation Code of Conduct (HVCC) in response to an October 15 directive from Fannie Mae and Freddie Mac stating that the HVCC will no longer be the standard bearer for the protection of the home appraisal process beginning in 2011.