On November 22, 2022, FHA published Mortgagee Letter (ML) 2022-19, rescinding the Mandatory Use Date for the FHA Catalyst: Electronic Appraisal Delivery (EAD) Module. This ML rescinds the mandatory use dates for mortgagees to submit appraisals for single family Title II forward and reverse mortgage endorsements through the FHA Catalyst: EAD Module. FHA is also discontinuing the onboarding of new mortgagees and all activities related to integrating with FHA Catalyst: EAD Module.
The FHA Catalyst: EAD Module will remain available for:
- initial appraisal submissions for all cases through March 17, 2023; and
- resubmissions of appraisals for cases previously submitted to FHA Catalyst: EAD Module, through October 14, 2023.
Read Mortgagee Letter 2022-19 dated November 22, 2022, for the details.
FHA CATALYST: ELECTRONIC APPRAISAL DELIVERY MODULE
Part of FHA's multi-year IT Modernization initiative, the Electronic Appraisal Delivery (EAD) Module is one of the components within FHA Catalyst – FHA's flexible cloud-based platform. Currently, the FHA Catalyst: EAD Module enables the electronic submission of appraisals for single family forward and Home Equity Conversion Mortgage (HECM) endorsement files.
About FHA Catalyst
FHA has embarked on a multi-year IT modernization initiative, FHA Catalyst, which is already improving how mortgagees and their authorized users do business with FHA. FHA Catalyst is supported by a $40 million appropriation from Congress and a partnership between the HUD Chief Information Officer (CIO) and the HUD Federal Housing Commissioner. FHA Catalyst is a secure, flexible, cloud-based platform that provides a modern, automated system for mortgagees, servicers, and other FHA program participants. FHA Catalyst enables FHA to more efficiently and effectively manage its programs and processes, benefiting the those who do business with FHA.
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