Register or Sign in        Email This Page     Link To This Page    
Visit MND at MBA in NYC!
1,829
# of Questions Answered

You do not have permission to post in these forums.  Join Now or Sign In to post.

Page 1 of 1 (1 items)
Post Statistics: 375 Views, 0 Replies
Latest Post: Wed, Oct 14 2009 3:28 AM by Moshe Cohen PhD
  • Wed, Oct 14 2009 3:28 AM
    Decline in number of FHA appraisers

    Starting on October 1, 2009 the FHA required all FHA roster appraisers to be certified. Under the current rules, certified appraisers must have certain number of college credits,take additional training,have more experience hours and pass an additional test. Under the new rules old roster appraisers were not "grandfathered" resulting in a substantial drop in the number of FHA roster appraisers. About 18,808 appraisers were removed from the roster. That is approximately a decrease of 29%. It is estimated that the number of currently approved FHA appraisers stands at 45, 664. These numbers were posted by Len Fishman on 10/6/2009.

Page 1 of 1 (1 items)
X
Track Mortgage Rates Daily with our Free Daily Rate Updates. There are several ways to follow daily rate movements, including:
Email Address:   Zip Code:  
RSS - Subscribe to our Daily Rate Update RSS Feed.
Twitter - Follow our Daily Rate Update on Twitter.
Facebook - Follow our Daily Rate Update on Facebook.
Bookmark - Bookmark our rates page and visit daily for updates.
Mobile Apps - There's an App for this too. Learn more about our Mobile Apps.