Today the Federal Housing Administration (FHA) issued Mortgagee Letter (ML) 2025-08, which rescinds multiple appraisal policy related Mortgagee Letters. If you are on the FHA approved roster, please be sure to read the letter. The impacted MLs include:
- ML 2024-16, Extension to the Effective Date of Appraisal Review and Reconsideration of Value (ROV) Updates, dated August 6, 2024;
- ML 2024-07, Appraisal Review and Reconsideration of Value, dated May 1, 2024; and
- ML 2021-27, Appraisal Fair Housing Compliance and Updated General Appraiser Requirements, dated November 17, 2021.
The provisions of this ML are effective immediately and will be incorporated into a future version of Handbook 4000.1.
Additionally, all other prior supporting communications related to the three rescinded MLs — such as FHA INFOs and training — have been removed from [hud.gov](http://hud.gov).
Stakeholders are encouraged to thoroughly review these revisions and contact the FHA Resource Center (referenced below) with questions.
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