The Impact of the Home Valuation Code of Conduct on Appraisal and Mortgage Outcomes

@article{Ding2014TheIO,
  title={The Impact of the Home Valuation Code of Conduct on Appraisal and Mortgage Outcomes},
  author={L. Ding and Leonard I. Nakamura},
  journal={Urban Economics & Regional Studies eJournal},
  year={2014}
}
  • L. Ding, Leonard I. Nakamura
  • Published 2014
  • Economics
  • Urban Economics & Regional Studies eJournal
  • Supersedes Working Paper 14-23. The accuracy of appraisals came into scrutiny during the housing crisis, and a set of policies and regulations was adopted to address the conflict-of-interest issues in the appraisal practices. In response to an investigation by the New York State Attorney General’s office, the Home Valuation Code of Conduct (HVCC) was agreed to by Fannie Mae, Freddie Mac, and the Federal Housing Finance Agency. Using unique data sets that contain both approved and nonapproved… CONTINUE READING
    24 Citations

    References

    SHOWING 1-10 OF 35 REFERENCES
    An empirical analysis of property appraisal and mortgage redlining
    • 71
    • Highly Influential
    Information Externalities and Residential Mortgage Lending in the Hardest Hit Housing Market: The Case of Detroit
    • 10
    How Much Is That Home Really Worth? Appraisal Bias and House-Price Uncertainty*
    • 28
    • Highly Influential
    • PDF
    Are Minorities or Minority Neighborhoods More Likely to Get Low Appraisals?
    • 22