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Appraising: Navigating the Electronic Appraisal Delivery Portal
Oct 17, 2016HUD has refined its process with the release of its new Electronic Appraisal Delivery (EAD) Portal. The EAD is now live and some mortgagees and AMCs have been testing it for the last several months. With this new system in place, all appraisals for new originations must be submitted to FHA through the EAD portal for all FHA case numbers assigned on or after June 27, 2016.For those mortgagees that also work in the forward space and submit to the FNMA/FHLM Uniform Collateral Data Port (UCDP), the process will be familiar, as the portals are nearly identical and are hosted
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