VA issued Circular 26-19-19, establishing a new mandatory stacking order for files selected for a VA full file loan review. Per the Circular, VA established a new mandatory stacking order for purchase money loans, cash-out refinances, interest rate reduction refinance loans and loan assumptions. The new stacking order now includes the initial and final net tangible benefits test disclosures. The new stacking order applies to all loan applications submitted to VA on or after July 29, 2019.
Rural Housing Service
RHS Updates Monthly Electronic Status Reporting Codes
RHS issued a SFH Guaranteed Servicing Notice (Notice) announcing updated Electronic Status Reporting codes for mortgage servicers. Per the Notice, Default Status Code 10 was
September 23, 2024
