Regulation & law · 13/11/2009
Direct Endorsement Underwriter/HUD Reviewer-Analysis of Appraisal Report Review Process
The Department of Housing and Urban Development (HUD) is seeking public comments on a proposed information collection requirement related to appraisal reports, which will be reviewed by the Office of Management and Budget (OMB) under the Paperwork Reduction Act. The proposed rule aims to capture information on deficient appraisal reports and efforts to resolve discrepancies, primarily from lender underwriters.
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