VA issued Circular 26-22-04 (Circular), announcing updates to the Request For Determination of Reasonable Value (VA Form 26-1805). Per the Circular, VA Form 26-1805 has
VA issued Circular 26-22-02 (Circular), announcing updates to the Counseling Checklist for Military Homebuyers form (VA Form 26-0592). Per the Circular, VA Form 26-0592 has
VA issued Circular 26-22-01 (Circular), describing measures mortgagees may employ to provide relief to Colorado home loan borrowers affected by wildfires and straight-line winds. The
VA issued Circular 26-21-27 to extend the suspension of property inspection requirements for COVID-19 forbearance cases. On June 8, 2020, VA issued Circular 26-20-21 suspending
VA issued Circular 26-21-27 to extend the suspension of property inspection requirements for COVID-19 forbearance cases. On June 8, 2020, VA issued Circular 26-20-21 suspending
VA issued Circular 26-21-26 to clarify the funding fee determination for borrowers purchasing or constructing a home with a 5% or 10% down payment. Per
VA issued Circular 26-21-23 (Circular), describing measures mortgagees may employ to provide relief to home loan borrowers affected by severe storms, straight-line winds, flooding, and
VA issued a Servicer Newsflash amending the maximum allowable appraisal fees and foreclosure attorney fees for mortgage servicers. Per the Newsflash, the new maximum allowable
VA issued Circular 26-19-24, updating requirements with respect to loss mitigation letters sent to borrowers. Per the Circular, VA updated language that must be included
VA revised chapters 9 and 13 of the Lender’s Handbook (M26-7). Chapter 9 (Legal Instruments, Liens, Escrows and Related Issues) has been revised (in its
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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