Home Valuation Code of Conduct (HVCC) — Currently an amendment is attached to H.R. 4173, the “Wall Street Reform and Consumer Protection Act of 2009”, which will ultimately sunset the HVCC. While this bill has passed the House Financial Services Committee, there is agreement in Congress to work on the amendment language to incorporate the appraisal provisions from H.R. 1728, the “Mortgage Reform and Anti-Predatory Lending Act.” These amendments provide enhancements to protect appraiser independence and regulate AMCs. NAR is supporting this amendment and we will work with Congress to support incorporating the appraisal provisions from HR 1728 into the CFPA legislation.