Home Valuation Code of Conduct a Cause for Concern
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| LORRIE BEAUMONT is owner of Westwood-based LB Appraisal Assoc. and former president of the Massachusetts Board of Real Estate Appraisers. |
By Lorrie Beaumont
annie Mae, Freddie Mac and their regulator, the Office of Federal Housing Enterprise Oversight (OFHEO), along with New York Attorney General Andrew Cuomo, recently entered into an agreement to implement the Home Valuation Code of Conduct. Though the agreement is a good one overall, it is not without some controversy within the appraisal profession.
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