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.
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Fannie Mae
Fannie Mae Issues Servicing Guide Announcement SVC-2025-01
Fannie Mae issued Servicing Guide Announcement SVC-2025-01 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae introduced new cybersecurity requirements for