VA issued Circular 26-17-10 (Circular), introducing the VA Affordable Modification option. The Circular provides guidance and instructions for modifying VA guaranteed loans using the VA Affordable Modification option, which replaces previous guidance regarding the VA Home Affordable Modification Program. The VA Affordable Modification option must be implemented on or before October 1, 2017.
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
