Random Feed wrote an interesting post today on
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Protecting The Consumer To Death One of the many protective measures that have evolved from the housing downturn is the HVCC – Home Valuation Code of Conduct. It was developed to protect consumers purchasing or refinancing homes by eliminating fraud and inflated appraisals. An effort looked upon by some as little more than closing the barn door after the horses got out. In a nutshell, mortgage brokers may no longer communicate with appraisers. The communication with appraisers is done stric

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Random Feed wrote an interesting post today on
Here’s a quick excerpt
Auditors: GM Bankruptcy Necessary; Ford Plans to Reduce Debt by 40%; Wal-Mart Feb. Numbers Strong; Google Sitting on $8.6 Billion in Cash; Mortgage Delinquencies Hit Record High; Blockbuster Won’t File for Bankruptcy; Citigroup Shares Break the Buck; Oil Falls Below $44 The auditors at General Motors Corp. ( GM ) have raised “substantial doubt” about the carmaker’s odds of surviving without filing for bankruptcy protection. “Amid the automotive depression, GM is dependent upon

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