VA issued Circular 26-17-01, requiring lenders to electronically submit prior approval loan packages. Currently, lenders mail prior approval loan packages to the applicable VA Regional Loan Center for underwriting. Effective February 13, 2017, lenders must electronically submit prior approval loan packages directly to VA through the WebLGY system.
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.