FHA Connection - Appraisers Blogs https://appraisersblogs.com/tag/fha-connection/ Appraisal News and Tips for Real Estate Appraisers Mon, 06 Jan 2025 08:18:14 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 https://i0.wp.com/appraisersblogs.com/wp-content/uploads/2015/04/ABfavicon.png?fit=32%2C32&ssl=1 FHA Connection - Appraisers Blogs https://appraisersblogs.com/tag/fha-connection/ 32 32 52046035 FHA Extends Appraisal Validity Period https://appraisersblogs.com/fha-extends-appraisal-validity-period https://appraisersblogs.com/fha-extends-appraisal-validity-period#comments Mon, 18 Jul 2022 12:30:35 +0000 https://appraisersblogs.com/?p=27407 On July 12, 2022, the FHA announced that it is extending the initial appraisal validity period from 120 days to 180 days and the appraisal update validity period from 240 days to one year. This applies to case numbers assigned on or after June 1, 2022. This just seems like a bad idea at a time where many markets are seeing price declines. FHA INFO 2022-71 — July 12, 2022 In this Announcement: FHA Implements Revised Appraisal Validity Period Guidance Appraisal Logging Changes in FHA Connection See below for details. FHA Implements Revised Appraisal Validity Period Guidance Today, the Federal...

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]]> https://appraisersblogs.com/fha-extends-appraisal-validity-period/feed/ 9 27407 FHA Electronic Appraisal Delivery (EAD) Portal https://appraisersblogs.com/appraisal/fha-electronic-appraisal-delivery-ead-portal/ https://appraisersblogs.com/appraisal/fha-electronic-appraisal-delivery-ead-portal/#comments Tue, 14 Apr 2015 12:30:54 +0000 http://appraisersblogs.com/?p=7301 Use of the Electronic Appraisal Delivery portal will be required for all FHA-approved mortgagees, effective for FHA case numbers assigned on or after June 27, 2016.  Mortgage Letter 2015–08  published on March 26, 2015, provides more information. FHA’s EAD portal is a web-based technology system that enables electronic transmission of appraisal data and reports to FHA by FHA-approved mortgagees and/or their designated third-party service providers prior to loan endorsement. Features The EAD portal’s system messages provide real-time feedback on compliance with FHA appraisal data and report requirements. The portal leverages industry data standards and industry appraisal practices, and: Offers process efficiencies inherent...

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