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May 2009 - Volume 12, Issue 5 - Page 3
DMBA Board Positions:
Election time is right around the corner and there will be opportunities for lenders and affiliates
to join the 2010 DMBA Board of Directors. If you would like to be considered for one of these
positions please contact Jeff Mundy at (513) 424-1102 or Jeff.Mundy.MAGW@statefarm.com.
Jeff will need bio information as well so start thinking about the qualifications and experiences that you think would enable you to positively influence the direction of our organization! If you have any questions about becoming a director feel free to contact any of the 2009 DMBA Board members or go straight to the top, our 2010 President Linda Klum!
Home Valuation Code of Conduct (HVCC):
Request for Permanent Reversal of HVCC
Representatives Childers (D-MS) and Miller (R-CA) introduced legislation (H.R. 3044) requesting an 18 month moratorium on the Home Valuation Code of Conduct (HVCC). ThinkBigWorkSmall applauds the introduction of H.R. 3044 and would like to thank Representative Childers (D-MS) and Representative Miller (R-CA) for their continued efforts and leadership on this issue but it is not enough. Tens of thousands of consumers have already been robbed of their opportunity to enjoy historically low rates by Attorney General Andrew Cuomo’s rule. HVCC needs to be permanently reversed in order to lower costs to the consumer and to restore the thousands of real estate transactions stalled by this horribly misguided code. We the undersigned understand that the intentions of the Home Valuation Code of Conduct ("HVCC") were to help curb the potential for fraud with respect to the valuation of residential properties. We must however bring to your attention the reality of the situation that HVCC has already caused.
For more information on the HVCC and an opportunity to sign a petition requesting that it be reversed you can visit www.HVCCpetition.com