VA revised chapters 9 and 13 of the Lender’s Handbook (M26-7). Chapter 9 (Legal Instruments, Liens, Escrows and Related Issues) has been revised (in its entirety) to reflect updates to VA systems, facilitate expeditious processing of VA-guaranteed loans and incorporate all appropriate Circulars. Chapter 13 (Notices of Value) has been revised (in its entirety) to provide updated information for Staff Appraisal Reviewers who are reviewing appraisal reports and issuing Notices of Value. The revisions to chapter 9 are effective October 28, 2019. The revisions to chapter 13 are effective immediately.
Rural Housing Service
RHS Updates Monthly Electronic Status Reporting Codes
RHS issued a SFH Guaranteed Servicing Notice (Notice) announcing updated Electronic Status Reporting codes for mortgage servicers. Per the Notice, Default Status Code 10 was
September 23, 2024
