The Mortgagee is responsible for identifying any problems or potential problems with the integrity, accuracy, and thoroughness of an appraisal submitted to FHA for mortgage insurance purposes.
For additional information see:
- Handbook 4000.1 II.A.1.a.iii, II.A.3.a.v. and II.D at https://www.hud.gov/program_offices/administration/hudclips/handbooks/hsgh
- Mortgagee Letters 2021-27 at: https://www.hud.gov/program_offices/administration/hudclips/letters/mortgagee\