FHA Mortgagee Letter 2020-37 – Re-Verification/Extension of Re-verification of Employment guidance and Updated Appraisal Scope of Work Option for FHA. New MTP™ FHA Exterior Only Appraisals – What You Need to Know!
Written by: Tracey Rumsey, Staff Writer COVID continues to affect the way we do business. In this update, FHA issues important guidance changes on appraisal and employment re-verification. Rule Synopsis: Effective dates Re-verification of employment guidance from ML 2020-05 is effective immediately for cases closed on or before December 31, 2020. The updated appraisal guidance […]