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 increased the maximum allowable liquidation appraisal fees for properties located in Arkansas, Louisiana, Oklahoma and Texas. These changes are reflected on the VALERI Fee
VA increased the maximum allowable liquidation appraisal fees for properties located in Minnesota, Missouri, Nebraska, North Dakota, South Dakota and Wisconsin. VA also updated fees
VA clarifies use of plywood when securing abandoned structures in Ohio. On April 6, 2017, an announcement was made on the servicer calls that the
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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