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Category | Legal

Realtor.com Hacked Day 4: No Announcement, Users Wait in Silence

(Previous Realtor.com coverage – Realtor.com Hacked Day 1 / Realtor.com Hacked Day 2 / Realtor.com Hacked Day 3 ) In an unfortunate turn of events, Realtor.com has failed to acknowledge its website and or servers were breached and has failed to inform users whether or not personal data was compromised. This is disturbing on a […]

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Countrywide CEO Mozilo Calls Homeowner Disgusting? Not so fast.

Dan Bailey is a homeowner facing foreclosure. He emailed a letter to 20 Countrywide employees in hopes of arranging a a deal that would prevent foreclosure of his home. In response, he was accidentally sent an email purportedly from none other then Countrywide CEO, Angelo Mozilo. The email reads: This is unbelievable. Most of these […]

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Richard Gaylord, NAR President Comments on HVCC, Says Nothing

Richard Gaylord, President of the National Association of Realtors has provided his response to Freddie Mac and Fannie Mae regarding the Home Valuation Code of Conduct (see below). His response includes his comments and suggestions for change to specific aspects of HVCC. Of all the serious flaws in HVCC that stand to hurt consumers, Realtors, […]

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NAR Assessment Cuomo / GSE Settlement

NAR Assessment of Cuomo Settlement with Fannie Mae and Freddie Mac: The Cuomo/GSE Appraisal Deal April 30, 2008 New York State Attorney General Andrew M. Cuomo, Fannie Mae and Freddie Mac (government sponsored enterprises) reached an agreement on March 3, 2008, to change appraiser selection criteria that will help eliminate conflicts of interest on mortgage […]

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HVCC Update From a la mode

Update from Dave Biggers on HVCC: To: Our colleagues Re: Thank you for speaking up about the HVCC From: David Biggers, Chairman, a la mode, inc. Prior to the April 30th deadline for commentary on the proposed HVCC regulations, I wrote you asking for your help in alerting our government officials and the private sector […]

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TAVMA Weighs in on Home Value Code of Conduct

The Title / Appraisal Vendor Management Association has weighed in regarding HVCC. The report, written a over a week ago has gone under the radar as most things HVCC have. This topic just cann’t seem to get traction regardless of how important it might be. If the GSEs implement the Code as currently drafted, it […]

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Cease & Desist 101: Think Long and Hard Before Hitting Send

The latest Cease & Desist Letter by overzealous legal council. This is fresh on the heals of a recent discussion at LeadCritic.com regarding Lending Tree’s lame attempt via C & D letters to try to get bloggers to delete comments left by a commenter in posts discussing the Lending Tree Data Leak. The comments listed […]

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HVCC: How It May Negatively Affect and Change Real Estate as We Know It

5/8/09 Update : HVCC / HOME VALUATION CODE OF CONDUCT UPDATE Wednesday is the deadline for submitting feedback regarding HVCC or the Home Valuation Code of Conduct. The HVCC, in its current form, contains select language that hurts brokers, agents, appraisers, and consumers. The underlying story is how well this story has flown under the […]

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