Document Updates: Conditional Commitment Direct Endorsement – Case Binder’s Copy (Cx4733), and Conditional Commitment Direct Endorsement – Lender’s Copy (Cx4566)
In Mortgagee Letter 2022-11 from the U.S. Department of Housing and Urban Development (HUD) dated July 12, 2022, it was announced that the Federal Housing Administration (FHA) initial appraisal validity period has been increased from 120 days to 180 days from the effective date of the appraisal….