On November 22, FHA INFO 2022-97, announced that the Federal Housing Administration (FHA) published Mortgagee Letter (ML) 2022-19, Rescinding the Mandatory Use Date for the Federal Housing Administration (FHA) Catalyst: Electronic Appraisal Delivery (EAD) Module. This ML rescinds the mandatory use date for mortgagees to submit appraisals for single family Title II forward and reverse mortgage endorsements through the FHA Catalyst: EAD Module.
On November 21, FHA INFO 2022-96, announced that the FHA published the Acceptance of Private Flood Insurance for FHA-Insured Mortgages final rule (Docket No. FR-6084-F-02) in the Federal Register. FHA also published Mortgagee Letter (ML) 2022-18, Acceptance of Private Flood Insurance for FHA-Insured Mortgages, which provides the guidance necessary to implement the provisions in the final rule.
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