VA issued Circular 26-17-19 (Circular), providing clarification and guidance concerning testing of individual (private) water supply systems for properties subject to VA backed loans. In accordance with the Circular: all testing must be performed by a disinterested third party; a test is valid for 90 days from the date certified by the local health authority; and the water supply must meet the requirements established by the local health authority. The Circular went into effect July 19, 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.