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.

State Compliance Summary
Tennessee Increases Permissible Interest Rate for Closed-end Loans under Industrial Loan and Thrift Companies Act
Tennessee passed a bill increasing the permissible interest rate for closed-end loans under the Industrial Loan and Thrift Companies Act (ILTCA). Under the bill, the