Transcription of Features Hard Stop Checks and Error Messages
{{id}} {{{paragraph}}}
Features Electronic Appraisal Delivery Portal: Uses system Messages to identify potential data errors or non- Hard Stop Checks and compliance with certain FHA. requirements. Error Messages The Federal Housing Administration's (FHA) Electronic Appraisal Delivery (EAD). Benefits portal is a web-based technology system that enables electronic transmission of Provides an objective and appraisal data and reports to FHA from FHA mortgagees and their designated third- consistent evaluation of the party service providers prior to loan endorsement. The EAD portal Checks appraisal property/collateral data for all data submissions against FHA appraisal data requirements and provides Error FHA appraisals. Messages and/or warning notifications, referred to as hard stops for mortgagees to review and remedy if necessary. There are two main types of hard stops in Facilitates pre-endorsement the EAD portal: appraisal Error identification and 1. Non-overrideable Hard Stops: Messages that indicate appraisal data or correction.
Electronic Appraisal Delivery Portal: Hard Stop Checks and Error Messages The Federal Housing Administration’s (FHA) Electronic Appraisal Delivery (EAD)
Domain:
Source:
Link to this page:
Please notify us if you found a problem with this document:
{{id}} {{{paragraph}}}