VA Announces Special Relief Following Maui Wildfires
VA issued Circular 26-23-16 (Circular), describing measures mortgagees may employ to provide relief to Hawaii home loan borrowers affected by wildfires. The measures include: the
VA issued Circular 26-23-16 (Circular), describing measures mortgagees may employ to provide relief to Hawaii home loan borrowers affected by wildfires. The measures include: the
VA issued Circular 26-23-12 to update COVID-19 home retention waterfall and temporary home retention options (loan deferment and COVID-19 refund modification) following the termination of
VA issued Circular 26-23-13 to remove an interior access attempt requirement with respect to liquidation appraisals. Per the Circular, VA removed the requirement that a
VA issued Circular 26-23-10 (Circular), clarifying assumption procedures and republishing assumption stacking orders. Per the Circular, VA clarified assumption procedures and republished the stacking order
VA issued Circular 26-23-08 to extend the date through which a borrower can request a COVID-19 related forbearance. Per the Circular, VA extended the period
VA issued Circular 26-23-06 (Circular), reducing the funding fee for purchase or construction loans, and cash-out refinance transactions. Per the Circular, VA generally reduced the
VA issued Circulars 26-23-03, Change 1 and 26-23-04, Change 1 (Circulars), adjusting the effective date of Circulars 26-23-03 and 26-23-04. Per the Circulars, VA adjusted
VA issued Circulars 26-23-03 and 26-23-04 (Circulars), revising Forms 26-1820 (Report and Certification of Loan Disbursement), and discontinuing the use of Forms 26-0503 (Federal Collection
VA issued Circular 26-23-02 (Circular), announcing updates to Forms 26-1880 (Request for a Certificate of Eligibility) and 26-1817 (Request for Determination of Loan Guaranty Eligibility
VA issued Circular 26-22-18 (Circular), announcing the Federal Housing Finance Agency maximum conforming loan limits (CLL) for 2023. Per the Circular, VA announced that the
Fannie Mae issued Servicing Guide Announcement SVC-2024-06 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae clarified requirements related to eMortgages.
FHA issued Mortgagee Letter 2024-20 implementing Federal Flood Risk Management Standards for new construction properties located in Special Flood Hazard Areas. On April 23, 2024,
Fannie Mae issued Selling Guide Announcement SEL-2024-07 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae: Revisions related to leasehold estates
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