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 VALERI Fee Cost Schedule was revised to reflect the new Ohio state law banning the use of plywood in securing abandoned structures. It has since been determined that plywood is only banned on vacant and abandoned properties in expedited foreclosures. The VALERI Fee Cost Schedule has been updated accordingly.
FHA
FHA Waives Early Payment Default Review Requirements for Properties Impacted by California Wildfires
FHA issued a waiver regarding early payment default review requirements for properties impacted by the California wildfires. FHA currently requires lenders to select all early
April 2, 2025
