Concerns over FHA Handbook and Appraisals | Apartment Loan Depot Since 2005 – Fannie Mae and Freddie Mac Multifamily Loans Nationwide

(RECAP: On March 18, NAR President Tom Salomone sent a letter to HUD concerning the FHA Single Family Housing Policy Handbook. NAR is asking FHA to reconsider language in the Handbook that requires appraisers to take on home inspection type duties, which are adding delay and confusion to the homebuying process. NAR is also asking FHA to re-enforce language stressing the difference between an appraisal and a home inspection in form HUD-92564-CN, For Your Protection: Get a Home Inspection.)