VA issued Circular 26-19-11, describing measures mortgagees may employ to provide relief to home loan borrowers affected by flooding in Nebraska. The measures include: the
VA issued Circular 26-19-10, describing measures mortgagees may employ to provide relief to home loan borrowers affected by severe storms and flooding in Iowa. The
VA revised Servicer Handbook (M26-4). Revisions to the Servicer Handbook include: clarification of Electronic Default Notification requirements for loss mitigation and alternatives to foreclosure; additional
VA issued Circular 26-19-07, describing measures mortgagees may employ to provide relief to home loan borrowers affected by severe storms, straight-line winds and tornadoes in
VA issued Circular 26-19-08, describing measures mortgagees may employ to provide relief to home loan borrowers affected by Alaska earthquakes. The measures include: the forbearance
VA revised chapters 1, 4 and 11 of the Lender’s Handbook (M26-7). Chapter 1 has been revised to provide lenders with updated information to assist
VA issued Circular 26-19-05, clarifying VA’s new policies regarding cash-out refinancing loans. In December of 2018, VA adopted rules amending requirements with respect to all
VA issued Circular 26-18-29, eliminating the requirement that appraisers include a Market Conditions Addendum in all VA appraisals. Appraisers are, however, still required to include
VA adopted rules amending requirements with respect to “cash-out” refinance loans. The adopted rules implement section 309 of the Economic Growth, Regulatory Relief and Consumer
VA announced county loan limits for 2019. The county loan limits are posted at: http://www.benefits.va.gov/homeloans/purchaseco_loan_limits.asp. The county loan limits apply to loans closed on or
Fannie Mae issued Selling Guide Announcement SEL-2025-02 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae is integrating Condo Project Manager
Fannie Mae revised the West Virginia Security Instrument Form (Form 3049). The revision updates paragraph 1 (pertaining to payment of principal, interest, escrow items, prepayment
Freddie Mac issued Bulletin 2025-4 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac introduced the Freddie Mac Income Calculator, designed
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