HUD Mortgagee Letter 2022-11: Revised Appraisal Validity Periods

July 12, 2022

This Mortgagee Letter (ML) increases the Federal Housing Administration (FHA) initial appraisal validity period to 180 days from the effective date of the appraisal and also extends the appraisal update validity period to one year from the effective date of the initial appraisal report that is being updated.

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