VA issued Circular 26-23-19 to amend funding fee exemption determinations and how refund requests should be submitted. The amended procedures are effective October 2, 2023. Circular 26-22-12 is rescinded immediately.
Click to view the VA Circular 26-23-19: https://www.tenaco.com/wp-content/uploads/2023/10/VA-Circular-26-23-19-10-02-23.pdf
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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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