Appraisal Institute Surveys Members on the Home Valuation Protection Program (HVPP)

The Appraisal Institute has issued a memo asking for member input on the agreement announced on March 3, 2008 between Fannie Mae/Freddie Mac, the New York Attorney General's Office, and the Office of Federal Housing Enterprise Oversight (OFHEO).

The Agreement resulted in the Home Valuation Protection Program and Cooperation Agreement including the Home Valuation Code of Conduct. In addition, the Agreement calls for the formation of the Independent Valuation Protection Institute, which will handle complaints from consumers and appraisers.

Your input on the Home Valuation Protection Program is very important. The Appraisal Institute will provide a summary of comments from members to OFHEO by April 30, 2008.

We have prepared a survey, which will take only a few minutes of your time. To take part, please click on the link below (or copy and paste the URL into your Web browser): http://websurveyor.net/wsb.dll/36470/AIHVPPSURVEY.htm

If you would like to learn more about the Agreement before taking the survey, please click on the following link: http://www.appraisalinstitute.org/newsadvocacy/cuomofanniefreddie.aspx

Thank you in advance for your time. Though the survey will remain open through Friday, April 4, we would appreciate your input as soon as possible.
 
Best Regards,

Appraisal Institute Research Department