VA increased the maximum allowable liquidation appraisal fee in 17 states. The appraisal fees increased for the following states: Arizona; California; Connecticut; Delaware; Indiana; Maine; Massachusetts; Michigan; Nevada; New Hampshire; New Jersey; New Mexico; New York; Ohio; Pennsylvania; Rhode Island; and Vermont. These changes are reflected on the VALERI Fee Cost Schedule. The increased fees went into effect December 1, 2016.

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