Mortgage Threshold Update, FSA Rule Change, & Last Call for LRR
In this issue:
- FHA seeks comments on Minimum Property Requirements by November 6
- What supervisors and trainees should expect from each other
- Free webinar on valuing branded residences on October 22
FHA Seeks Comments on Proposed Updates to Minimum Property Requirements
The Federal Housing Administration (FHA) is accepting public comments through November 6 on proposed updates to its single-family Minimum Property Requirements (MPRs). The proposal follows an earlier request for information and feedback from industry stakeholders and aims to update standards that have not been significantly revised in more than two decades.
FHA’s proposed changes would align certain requirements more closely with those used by Fannie Mae and Freddie Mac, simplify policy language, refine repair requirements, and clarify property eligibility standards. The agency is also considering whether to update appraisers’ role in identifying property deficiencies to reflect current practices.
The Appraisal Institute is reviewing the proposal and plans to submit comments. AI members are encouraged to review the proposed changes and submit their own comments using the instructions available on FHA’s Single Family Housing Policy Drafts page.
AI Blog
Clear expectations are the foundation for a successful relationship, whether that relationship is client-appraiser or supervisor-trainee.
AI's latest blog digs into the responsibilities of supervisors and trainees and what resources are available to help each better understand and fulfill their roles. Those looking to kickstart a supervisor-trainee relationship and those looking for an alternative to a supervisor will glean their next steps from this blog.
The next live online session of the Supervisory Appraiser/Trainee Appraiser course meets November 6, 2026.
Save $500 on Aivre Annual Tiers: Exclusive Offer for Only Appraisal Institute Members
Appraisal Institute members can take advantage of an exclusive $500 discount on all annual Aivre software tiers—Core, Vision, and Ultra—available until December 31st, 2026. Designed with total pricing transparency, Aivre includes full support for both GPAR and UAD 3.6 reports with absolutely no add-on prices. If you have a staff firm of 5 or more appraisers, please contact sales@aivre.com for more pricing information.
Built by Appraisers, Proven in Production. Aivre is built by Jake Lew, a Certified Appraiser with 10+ years of experience and the CEO of Aivre, the first GSE-verified software vendor for UAD 3.6. Aivre led 3.6 orders in Limited Production and is now one of the leaders in the industry in live UAD 3.6 Broad Production, doing over 2,500 live orders thus far.
Input the discount code "APPRAISALINSTITUTE26" into your software tier of choice here.
Beyond the Brand Premium: Valuing Branded Residences
Thursday, October 22, 2026 11:00 AM CDT
Branded residences are among the fastest-growing segments of hospitality real estate—but a recognized name alone does not establish value or ensure a project’s success. This session will explore the distinctive valuation and consulting issues surrounding hotel-affiliated, stand-alone, and lifestyle-branded residential developments.
The discussion will examine how appraisers and consultants assess the factors that drive performance beyond an assumed brand premium, including buyer demand, competitive positioning, absorption, pricing, amenity packages, homeowner carrying costs, rental-program structures, future supply, and the relationship between the residential component and underlying land value. Attendees will gain practical insight into conducting independent, market-based analyses that help developers, lenders, investors, and other stakeholders test assumptions and make better-informed decisions throughout the development cycle.
Speaker: Katy Black, MAI, Managing Director, HVS
Real Estate Horizons
Stay updated and check out links to the latest major real estate industry stories!
More Opportunities to Learn
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Until next time,
Appraisal Institute