VA Revises Servicer Handbook (M26-4)
VA revised chapters 4, 5, 7, 8, 9, 10, 11, 12, 14, 15 and Appendix B, E, G and H of the Servicer Handbook (M26-4).
VA revised chapters 4, 5, 7, 8, 9, 10, 11, 12, 14, 15 and Appendix B, E, G and H of the Servicer Handbook (M26-4).
VA extended the rescission date of Circular 26-13-13. The rescission date of Circular 26-13-13 has been extended to January 1, 2019. Click here to view
VA increased the maximum allowable liquidation appraisal fee in 17 states. The appraisal fees increased for the following states: Arizona; California; Connecticut; Delaware; Indiana; Maine;
VA announced the county loan limits for 2017. The 2017 effective county loan limits are posted at: http://www.benefits.va.gov/homeloans/purchaseco_loan_limits.asp. The 2017 county loan limits do NOT
VA revised chapter 21 of the Servicer Handbook (M26-4). Chapter 21 was revised to address VA guaranteed home loans affected by a Federal Emergency Management
VA issued Circular 26-16-31 (Circular) describing measures mortgagees may employ to provide relief to home loan borrowers affected by Hurricane Matthew. Click here to view
VA issued Circular 26-16-28 defining VA’s support for the Single-Family Home Sustainability Initiative. This Circular introduces voluntary above-code wind hazard resilience standards, an above-code water
VA issued Circular 26-16-24 (Circular). The Circular provides clarification of the documents required to properly provide clear and marketable title for mobile homes conveyed to
VA issued Circular 26-16-23 (Circular). The Circular describes measures mortgagees may employ to provide relief to home loan borrowers affected by severe storms and flooding
VA revised chapters 2, 7, 8 and 15 of the Servicer Handbook (M26-4). Chapter 2 was revised to provide clarification on: the Event Administrator feature;
Fannie Mae issued Servicing Guide Announcement SVC-2025-01 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae introduced new cybersecurity requirements for
Freddie Mac issued Bulletin 2025-2 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac: Revisions related to the portfolio reconciliation requirement
New York passed a bill amending recently enacted flood insurance requirements and restrictions for mortgage lenders and servicers. In December, 2024, New York passed a
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