WBK Industry News - Federal Regulatory Developments

Mandatory Use Date Extended for FHA Electronic Appraisal Delivery Module

On February 15, 2022, FHA published Mortgagee Letter (ML) 2022-04, announcing a mandatory use date extension for mortgagees to submit appraisals for single family forward and reverse mortgage endorsements through the FHA Catalyst: EAD Module.

The revised transition dates are as follows:

  • Effective on and after March 14, 2023, appraisal delivery through the FHA Catalyst: EAD Module is mandatory for all cases unless the mortgagee has submitted a previous appraisal version to the legacy EAD portal.
  • Mortgagees may continue to deliver appraisal resubmissions through the legacy EAD portal until April 17, 2023, for cases with a previous appraisal submission in the legacy EAD portal before March 14, 2023.
  • However, after April 17, 2023, appraisal submissions for all cases, regardless of previous submission status, must be delivered through the FHA Catalyst: EAD Module.