VA issued Circular 26-19-12, requiring lenders to obtain a Certificate of Eligibility (COE) prior to ordering an appraisal. Per the Circular, all cases must have a COE in the “Active or Pending” status before an appraisal can be requested. The Circular went into effect May 16, 2019.
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.
November 14, 2024
