Master Appraisal Report (MAR) Attachment Number 1 (01/2003)

Form Number: HUD-91322.1

Form Description:

This information is required to obtain benefits and voluntary. HUD may not collect this information, and you are not required to complete this form, unless it displays a currently valid OMB control number. Section 203 of the National Housing Act authorizes the Secretary of the Department of Housing and Urban Development to insure mortgages on an application by an approved mortgagee for appraisal. The Master Appraisal Reports permit the listing of models covering types of individual homes proposed for construction. The information collection sets forth the general and specific conditions that must be met before HUD can endorse a Firm Commitment for mortgage insurance. The information collection is prepared by participating lenders working with developers. HUD has eliminated the need to have a separate Master Appraisal Report on individual properties, now the report can cover up to five or more models within a specific subdivision.