Mortgage
HVCC Petition Update
November 16, 2009 by Spencer Anglin · Leave a Comment
On Wednesday 11/18/2009 the guys from Think Big Work Small, Frank Garay and Brian Stevens, will be joined by Martk Savitt, past president of the National Association of Mortgage Brokers to deliver the HVCC petition to Andrew Cuomo’s office in New York and will be covered by the media in an effort to change or eliminate the HVCC that has caused home values to drop, extended closing dates and basically cost consumers hundreds of thousands of dollars in lost equity, added appraisal fees and extended lock fees since it’s inception back in May 2009.
Be sure to tune into Fox and Friends on Wednesday morning for Mark Savitt’s interview to discuss HVCC and some of the many travesties that this law has caused even though it was designed to protect consumers. It has stagnated our housing economy’s growth and has cost consumers hundreds even thousands of dollars each!
If you have not already signed the petition to get rid of HVCC please take the time to do so here: