fha 1012008: FHA UPDATE AS OF 10/1/2008 - 10/01/08 05:34 PM
AS OF 10/1/2008 ONLY CERTIFIED APPRAISERS ARE ALLOWED TO APPLY TO PERFORM FHA APPRAISALS.....
 
This page is located on the U.S. Department of Housing and Urban Development's Homes and Communities
Web site at http://www.hud.gov/offices/hsg/sfh/appr/faqs_appraiser.cfm.
 
FAQs for Appraisers
  
Effective October 1, 2008, FHA will accept new applications only from state-certified appraisers. No new applications will be accepted from state-licensed appraisers as a result of the Housing and Economic Recovery Act of 2008, signed July 30, 2008. FHA will issue a mortgagee letter in the next couple of weeks that will address additional requirements mandated by the new law. 
 
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Anthony Vosilla

Centereach, NY

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