VA issued Circular 26-17-02 (Circular), clarifying and explaining new policy with respect to student loans and the underwriting of a VA home loan. The Circular sets forth the policy for calculating monthly loan payments for student loans that are in repayment at the time of loan closing and for student loans requiring repayment within 12 months of loan closing. The Circular went into effect January 23, 2017.
FHA
FHA Waives Early Payment Default Review Requirements for Properties Impacted by California Wildfires
FHA issued a waiver regarding early payment default review requirements for properties impacted by the California wildfires. FHA currently requires lenders to select all early
April 2, 2025
