Dart Appraisal Announces Integration with FHA's EAD Portal
June 8, 2016, Troy, MI - Dart Appraisal
today announced its integration with the Federal Housing
Administration's (FHA) Electronic Appraisal Delivery (EAD) portal.
The portal is a web-based technology system that enables electronic
transmission of appraisal reports to FHA from FHA mortgagees and/or
their designated third-party service provider(s) prior to loan
FHA-approved lenders will be required to use the EAD portal
effective June 27, 2016. Through the EAD portal, mortgagees can
simultaneously submit multiple appraisal reports, search for
previously submitted appraisal report files, clear "hard stops,"
and view reports.
"Integrating with the EAD portal adds a layer of efficiency for
our clients by removing any potential for errors or delays that
could be introduced by manually uploading appraisal reports," said
Michael Dresden, president of Dart Appraisal. "Dart Appraisal is
constantly trying to leverage our technology to create innovative
solutions for the mortgage industry. Our singular focus remains
streamlining and improving the appraisal process for our clients,
which this integration helps to accomplish."