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Ex. SEC-14-010 Order Primary source read

Mortgagee Letter 2020-05

Re-verification of Employment and Exterior-Only and Desktop-Only Appraisal Scope of Work Options for FHA Single Family Programs Impacted by COVID-19

HUD, FHA · United States (Federal)

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The COVID Project

The record

Jurisdiction
United States
Level
Federal
Authority
24 C.F.R. part 203; HUD Handbook 4000.1
Issued
2020-03-27 Mar. 27, 2020
Effective
2020-03-27 for appraisal inspections completed on or before May 17, 2020 (extended by ML 2020-14, -20, -28, -37 and 2021-06 to June 30, 2021) (read as 2020-03-27)
End
2021-06-30
In force
Mar. 27, 2020 to June 30, 2021
Quarters
2020 Q22020 Q32020 Q42021 Q12021 Q2
Limitation types
Other
Addressees
  • mortgagees and appraisers
Functions reached
  • AP interior inspections replaced by exterior-only and desktop appraisals
  • CL
  • CB
Collection
Real Estate SEC-14

Operative words

FHA Single Family's Exterior-Only or Desktop-Only Appraisal inspection scope of work options... allowing exceptions for Exterior-Only... In recognition of the current situation throughout the country

Enforcement

FHA program requirements

Notes

The compelled substitute: FHA's stated predicate is the stay-home and distancing orders that limited entry into homes

A record of The COVID Project. The instrument's text is the source's; the summary fields are The COVID Project's reading of it. Not legal advice.