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 appraisal fees are effective December 1, 2021 and will be reflected on the VALERI Fee Cost Schedule on December 1, 2021. The new maximum allowable foreclosure attorney fees are effective for all guaranty claims submitted on or after December 8, 2021. An updated Allowable Attorney Fees document and the VALERI Fee Cost Schedule will be available on December 1, 2021.
Click to view the VALERI Servicer Newsflash: https://www.tenaco.com/wp-content/uploads/2021/11/VALERI-Servicer-Newsflash-11-23-21.pdf
