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Home » Store » News » HUD Tightens FHA Appraiser Standards to Ensure Competency, Curb Mortgage Fraud

HUD Tightens FHA Appraiser Standards to Ensure Competency, Curb Mortgage Fraud

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Single-family appraisers now must meet tougher standards to be placed on the official FHA appraiser roster – or to keep their place – under a final rule published by the Department of Housing and Urban Development. The new standards, published in the May 16 Federal Register, are part of HUD’s larger effort to prevent mortgage fraud. Faulty appraisals have been partly blamed for losses
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