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Valuation

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Freddie’s HVCC Guidelines Stir Controversy 

Jul 14, 2009By

Freddie Mac’s [stock FRE][/stock] implementation of the Home Valuation Code of Conduct (HVCC) is in its third month, but that hasn’t stopped critics and supporters both from voicing strong opinions about the new policy. Freddie Mac released a 10-page bulletin last week to reiterate its guidelines for income calculation, asset verification, liability calculation, appraisal quality and misrepresentation of occupancy.

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