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.
Fannie Mae
Fannie Mae Issues Servicing Guide Announcement SVC-2024-06
Fannie Mae issued Servicing Guide Announcement SVC-2024-06 (Announcement), setting forth updates to the Servicing Guide. Per the Announcement, Fannie Mae clarified requirements related to eMortgages.