
During the past two months we have heard from many of you regarding problems with appraisals that are causing deals to be delayed or canceled altogether. I assure you that we on the NAR leadership Team are experiencing the same problems in our businesses. On monday June 29th,I will be in New York to meet with the Deputy Attorney General and his staff who worked directly on Home Valuation code of conduct.I plan to share our concerns.as well as your stories,and ask for their assistance in resolving any problems related to the HVCC. On Tuesday,June 30,I will be in Washington D.C. to meet with the director of the Federal Housing Finance Agency to dicuss ways we can work with Fannie Mae, Freddie Mac and lenders to ensure that appraisals are accurate.I will keep you posted on the out come of these meeting.