VA Amends Requirements for Processing Site Condominiums in Michigan
VA amended requirements for processing site condominiums in Michigan. A site condominium is defined as a single family totally detached dwelling (no shared garages or
VA amended requirements for processing site condominiums in Michigan. A site condominium is defined as a single family totally detached dwelling (no shared garages or
Michigan passed a bill repealing the requirement that a mortgage state the marital status of any male mortgagors. Currently, a written instrument mortgaging real estate
VA increased the maximum allowable liquidation appraisal fee in 17 states. The appraisal fees increased for the following states: Arizona; California; Connecticut; Delaware; Indiana; Maine;
Michigan passed a bill repealing the Borrower Bill of Rights and the Consumer Caution and Home Ownership Counseling Notice. Under the bill, a lender is
VA issued Circular 26-16-08 (Circular). This Circular provides guidance on the Department of Veterans Affairs’ minimum property requirements as a result of the emergency declaration
Wisconsin passed a bill eliminating variable rate, adverse action and transfer of servicing disclosure requirements. Under the bill, a lender is no longer required to
FHA issued FHA Info 2024-11 announcing an update to the claims module for Claim Type 33 – Payment Supplement. In February 2024, FHA issued Mortgagee
South Dakota passed a bill authorizing the electronic notarization of documents and establishing procedures for the performance of electronic notarizations. An electronic notarization is defined
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