Effective May 1, 2009, institutions that deliver loans to Fannie Mae or Freddie Mac must warrant that appraisals comply with requirements set forth in the Home Valuation Code of Conduct (HVCC) regarding the ordering, review and management of the appraisal process to ensure appraiser independence. HVCC does NOT effect FHA/VA loans. For additional information on the HVCC, see the following websites:

Fannie Mae:https://www.efanniemae.com/sf/guides/ssg/relatedsellinginfo/appcode/pdf/hvcc.pdf

Freddie Mac: http://www.freddiemac.com/sell/guide/bulletins/pdf/bll010709.pdf

Federal Housing Finance Agency: http://www.fhfa.gov/webfiles/277/HVCC122308.pdf

For over 23 years Metro-West Appraisal Co., LLC has prided itself on being an industry leader in compliance with FIRREA, USPAP, and now the HVCC. Appraiser independence is essential to providing a meaningful valuation. The management at Metro-West has in place policies and procedures to ensure that our appraisers are not influenced, guided, or directed in the valuation process. Metro-West appraisers may be relied upon as part of sound underwriting for financial institutions.

We at Metro-West Appraisal Co., LLC warrant, represent and certify that we have complied with any and all aspects of relevant provisions of the HVCC, including but not limited to adequate training and disciplinary rules on appraiser independence (including the principles detailed in Part 1 of the HVCC) and have mechanisms in place to report and discipline anyone who violates polices and procedures.