AWACSMortgage compliance intelligence from Flightline

Briefings

Weekly briefing, March 24, 2025

Updates published to for Conventional, FHA. Built from published records only.

Action required, new this week

Required changes published this week.

FHA, Mortgagee Letter ML 2025-08,
Action required

Rescinding Multiple Appraisal Policy Related Mortgagee Letters

Loan impactFHAAppraisalProperty eligibilityUnderwritingQC

Applies to: FHA Single Family Title II forward and Home Equity Conversion Mortgage (HECM) programs.

What to review: Review the immediately effective restored appraisal review requirements, underwriter reconsideration of value procedures, and second appraisal documentation and fee payment rules. AWACS interpretation

Effective In effectView affected requirements →

Coming into effect in the next 60 days

Effective dates from .

No effective dates in the next 60 days.

Review recommended

New guidance, clarifications, flexibilities, overlays and insurer positions.

Nothing to review this week.

Threads that moved

Topics more than one source has acted on, with a new update this week.

No thread moved this week.

Data releases

Data releases and announcements with no direct requirement.

No data releases this week.