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FHA ROSTER

Effective October 1, 2008, FHA will accept new applications only from state-certified appraisers.  No new applications will be accepted from state-licensed appraisers as a result of the Housing and Economic Recovery Act of 2008, signed July 30, 2008. FHA will issue a mortgagee letter in the next couple of weeks that will address additional requirements mandated by the new law.

Effective October 21, 2008, state-licensed appraisers who were approved for placement on the FHA appraiser roster, but who have not kept their roster status current due to the failure to renew an appraisal license, sanctioning or other constraints, and who are now requesting reinstatement to the roster will be treated like new applicants and, therefore, are NOT ELIGIBLE for reinstatement. Only certified appraisers may request and receive reinstatement on the FHA appraiser roster.

7-HOUR NATIONAL USPAP UPDATE COURSE

The 7-Hour National USPAP Update Course must be taken by all credentialed appraisers every two years. The current two year period began on January 1, 2007 and closes on December 31, 2008. So, if you haven’t yet taken the course, please make arrangements to do so. Please don't put it off until the end of the year. Please fax your certificates of course completion to (405) 522-6909 or email them to reabadmin@oid.ok.gov. To view a list of upcoming USPAP Update courses click here.