FHA Single Family Housing Policy Handbook 4000.1, Part II
HUD effective date: 09/14/2015 · section II.D.9 · Handbook 4000.1
FHA Single Family Housing Policy Handbook 4000.1, Part II — 9. Update of Appraisal (09/14/2015).
Verbatim regulatory text
Verbatim provisions from FHA Single Family Housing Policy Handbook 4000.1, Part II — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.
FHA Single Family Housing Policy Handbook 4000.1, Part II — 9. Update of Appraisal (09/14/2015)
9. Update of Appraisal (09/14/2015) Appraisers may perform an update of a previously completed appraisal using the Fannie Mae Form 1004D/Freddie Mac Form 442, Appraisal Update and/or Completion Report, when requested by the Mortgagee. The Appraiser must adhere to the Scope of Work and Appraiser’s Certification listed on the form, which includes an exterior inspection of the subject Property from, at least, the street; and research, analyze and verify current market data to determine whether the Property has or has not declined in value since the effective date of the appraisal report being updated. If the Appraiser concurs with the original appraisal report and determines that the value has not declined, the Appraiser must indicate this on the form, provide any necessary comments, and provide a photo of the front of the subject Property taken from the public street. If the Appraiser does not concur with the original data report or the Property Value has declined, the Appraiser must indicate this on the form and a photo is not required. 10. RESERVED FOR FUTURE USE RESERVED FOR FUTURE USE Previous content from this section is deleted and this section is reserved for future use.
Operationalizing FHA Single Family Housing Policy Handbook 4000.1, Part II
This is verbatim, source-snapshotted regulator text from the Claude for Compliance open corpus. To turn a rule like this into compliance work product: gap-analyze your policies and procedures (P&Ps) against these requirements to surface stale, conflicting, or missing provisions; operationalize any change with a ready-to-run update kit; and produce audit-ready evidence — every step grounded only in the regulator’s own words, never invented.
To work from the whole rulebook rather than this one page: download the corpus — every register on this site, verbatim, each with its source snapshot and effective date — then follow the methodology. It asks your assistant to answer only from the downloaded text, cite the register id and effective date it used, and tell you when the corpus does not cover something instead of filling the gap from memory. Running it locally also means no one sees which regulations you are looking at.
Source of record: https://claudeforcompliance.com/regs/hud-4000-1-ii-9-update-of-appraisal/
· register hud-4000-1-ii-9-update-of-appraisal · Claude for Compliance. Free to read and download;
see regulatory updates and methodology.