VA issued Circular 26-17-14 (Circular), providing clarification with respect to distance and proximity requirements for comparable sale properties used in VA appraisals. VA does not set minimum or maximum distance requirements between the subject and comparable sale properties. Rather, VA requires that “Comparable sales should be located as close to the subject as practical.” This Circular provides clarification with respect to current policy.
CFPB
CFPB Amends Fair Credit Reporting Act with respect to Medical Information
The CFPB adopted rules amending the Fair Credit Reporting Act (FCRA) with respect to medical information. Per the rule adoption, the CFPB removed an exception