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Loan Modification

: The Truth About Mortgage.com

Appraisers Say New Rules Put FHA at Risk

By scot184

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Four professional appraisal organizations have called on the HUD to rescind a 12-year old policy limiting the total appraisal fees that can be charged on FHA loans, warning that it presents significant risks to the federally-backed program. Since the HVCC was implemented, appraisal management companies (AMCs) have been ordering most of the appraisals, but taking an [...]

Full post as published by The Truth About Mortgage.com on July 02, 2009 (boomark / email).

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