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.

Fannie Mae
Fannie Mae Issues Selling Guide Announcement SEL-2025-02
Fannie Mae issued Selling Guide Announcement SEL-2025-02 (Announcement), setting forth updates to the Selling Guide. Per the Announcement, Fannie Mae is integrating Condo Project Manager