Real Property Valuation Forum: Updates to FHA MPRs and Appraisal Reporting
Description
FHA financing plays an important role in expanding access to homeownership, particularly for first-time and underserved buyers. But valuation policies and minimum property requirements for FHA loans have been a source of confusion for REALTORS® over the years. Recently FHA proposed updates to simplify their MPRs, announced news on their transition to UAD 3.6, and made updates to valuation policies that may make the home buying process smoother for consumers. Join us to get the breakdown on what has changed, what is proposed, and what is coming for FHA valuations. Brian Barnes, Deputy Director of Home Valuation Policy at the U.S. Department of Housing and Urban Development, joins Forum Vice-Chair, Michelle Czekalski-Bradley, to break down the basics and share FHA information that REALTORS® need to know.
