The Federal Housing Administration fully automated the second-appraisal process for reverse mortgage lenders on Friday, a move it had promised would come by December 1st. In September, the agency ...

Home appraisals involve paperwork and physical property inspections, and buyers should know the Federal Housing Administration is stricter about them for its government-backed loans than are brokers ...

Written by John Golden, as originally published in The Reverse Review. September 14, 2015, marked another pivotal day in the appraisal industry. On this date, HUD’s new FHA Single Family Housing ...

When selling your home, the goal is to get lots of strong offers from well-qualified buyers. Some of those offers may come from borrowers using loans backed by the Federal Housing Administration (FHA) ...

FHA loans offer flexibility to borrowers with low credit scores and limited funds for a home down payment. But there’s one area where FHA lenders can’t be flexible: the appraisal. Any property that’s ...

Britney Crawford, James Wright Jr. On May 1, 2024, the Federal Housing Administration (FHA) issued Mortgagee Letter (ML) 2024-07 titled “Appraisal Review and Reconsideration of Value Updates,” which ...

Britney Crawford, James Wright Jr. On March 19, 2025, the Federal Housing Administration (FHA) issued Mortgagee Letter (ML) 2025-08 titled “Rescinding Multiple Appraisal Policy Related Mortgagee ...

In a series of Mortgagee Letters, dated Sept. 18, 2009, the U.S. Department of Housing and Urban Development (HUD) provided new guidelines affecting the independence, portability, and validity periods ...

StreetLinks National Appraisal Services announces its full compliance with FHA Mortgagee Letter 2009-28 released several weeks ago. FHA has long advised lenders and appraisers of the importance of ...

Want a growth industry? How about aging? PulteGroup's Del Webb 55+ brand will build 10 new Del Webb communities, planned to open over the next 18 months. Boomers welcome! Another growth industry ...

We’re looking at purchasing a 2-family home. The offer’s been accepted, we’ve had the inspection done and negotiated issues, getting a little off price. We’re going with a FHA loan so once the ...