Northwest Florida Realtor: New FHA Hope for Homeowners program requires FHA appraisers

New FHA Hope for Homeowners program requires FHA appraisers

From Appraiser News Online:

Participants in the new HOPE for Homeowners program, legislation that will provide mortgage assistance to homeowners at risk of foreclosure, will be required to obtain a new Federal Housing Administration appraisal on their property. The appraisal for the H4H mortgage must be performed by an appraiser on the FHA Appraiser Roster and conducted using FHA guidelines, which are available in the Resources box at www.hud.gov/groups/appraisers.cfm

And FHA continues its march toward dominance of the home-mortgage market.

 

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0 commentsBrandon Jordan • October 25 2008 04:40PM

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