FHA issued Mortgagee Letter 2022-04, extending the mandatory use date for the new FHA Catalyst: Electronic Appraisal Delivery (EAD) Module. Per the Mortgagee Letter, mortgagees must deliver appraisals through the FHA Catalyst: EAD Module as follows:
- Effective on and after March 14, 2023, appraisal delivery through the FHA Catalyst: EAD Module is mandatory for all cases unless a previous appraisal version has been submitted to the legacy EAD portal.
- For cases with a previous appraisal submission in the legacy EAD portal before March 14, 2023, appraisal resubmissions may continue to be delivered through the legacy EAD portal until April 15, 2023.
- After April 15, 2023, appraisal submissions for all cases, regardless of previous submission status, must be delivered through the FHA Catalyst: EAD Module.
The original mandatory use dates announced in Mortgagee Letter 2021-23 were March 14, 2022 and April 15, 2022.
The Mortgagee Letter is effective immediately.
Click to view the FHA Mortgagee Letter 2022-04: https://www.tenaco.com/wp-content/uploads/2022/02/FHA-Mortgagee-Letter-2022-04-FHA-Info-2022-16-02-15-22.pdf
