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Real Estate & Property Law

: Housing Wire

HUD Delays New FHA Appraiser Guidelines

By AUSTIN KILGORE

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The Department of Housing and Urban Development (HUD) postponed implementation of new rules meant to promote objectivity for appraisers and minimize interference from lenders of Federal Housing Administration (FHA)-backed mortgages. According to an FHA memo obtained by HousingWire, the January 1, 2010 implementation of Mortgagee Letter (ML) 2009-28 (download here) won?t take affect until February 15, [...]

Full post as published by Housing Wire on December 23, 2009 (boomark / email).

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