FHA Pauses Effective Date for Catalyst EAD Module

FHA on Thursday announced a pause in the mandatory effective date for its Electronic Appraisal Delivery Module, saying it is “reassessing aspects of [its] development and implementation.”

MBA Advocacy Update Feb. 22 2022

Last Monday, MBA submitted comments to the OCC on draft principles for large banks’ management of climate-related financial risk. On Tuesday, the FHA announced it is extending the mandatory implementation deadline for mortgagees to begin delivering appraisals through the FHA Catalyst: Electronic Appraisal Delivery Module.