This short video was made at the 2008 a la mode Atlanta Conference. Dave Biggers, Chairman and founder of a la mode, inc. spoke to attendees about his company's position on the proposed Home Valuation Code of Conduct and the role of Automated Valuation Model (AVM) companies.
All this bill is going to do is force more people out of work. Independent appraisers will have to work through Appraisal Management Companies who take a cut, and brokers will no longer be able to shop lenders for a mortgage. HVCC is an unconstitutional bill pushed through without any kind of consideration of stakeholder input, will violate anti-trust and price fixing laws and allow the few to control a monopoly on the appraisal market. another New World Order move for control of all the money.
barbixy 2 years ago