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FHA Announces Appraisal Policy Changes

The Federal Housing Administration announced Friday that it was reversing a policy that inadvertently capped fees for real estate appraisers. First identified by the Appraisal Institute and its partner professional appraisal organizations earlier this year, the FHA's new policy separates the services (and fees) charged by appraisers from those charged by appraisal management companies, allowing each to float at reasonable and customary levels.

Read full article from the appraisal institute.

Posted by Kim Tucker on 09/24/2009 10:18 AM

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Kim Tucker

Kansas City, MO

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Tucker One Properties, Inc

Office Phone: (816) 523-4400 x 0

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