WBK Industry News - Federal Regulatory Developments

FHA Strongly Recommends Pausing Electronic Appraisal Delivery Module

The FHA recently announced that it is pausing full completion and integration for the Electronic Appraisal Delivery (EAD) module on the FHA Catalyst platform while it reassesses aspects of the development and implementation of the EAD module. 

In connection with this reassessment and the associated pause, FHA strongly recommends that industry partners temporarily pause EAD onboarding and direct integration activities.  The recommended pause will end when FHA reaches a final determination regarding the electronic appraisal delivery system for loans originated for FHA insurance endorsement.  The recommended pause does not impact other FHA Catalyst modules.