VA Revises Topic 7 of Chapter 4 of Lender’s Handbook (M26-7)
August 26, 2026
VA revised topic 7 of chapter 4 of the Lender’s Handbook (M26-7). Topic 7, relating to credit history has been revised to add “divided by
VA revised topic 7 of chapter 4 of the Lender’s Handbook (M26-7). Topic 7, relating to credit history has been revised to add “divided by
VA issued Circular 26-26-2, authorizing certain servicers to use a non-judicial foreclosure process to discharge properties from a VA partial claim interest. Per the Circular,
VA issued a Servicer Newsflash amending the VALERI Fee Cost Schedule maximum allowable appraisal fees for mortgage servicers. Per the Newsflash, the new maximum allowable
VA issued Circular 26-24-19, Change 1 updating clarification of documentation requirements related to supporting itemized fees and charges to the borrower (or assumer). Per the
VA revised chapter 5 of the Servicer’s Handbook (M26-4) to add the new VA Loss Mitigation Waterfall, update loss mitigation program requirements, and provide clarification
VA added chapter 22 of the Servicer’s Handbook (M26-4) to outline the program policy and procedures for VA Partial Claim in accordance with Public Law
Virginia passed a bill requiring an assumption provision be included in a conventional home mortgage loans. Under the bill, a conventional home mortgage loan must
VA revised topic 1, 23, 32, and 34 of chapter 12 of the Lender’s Handbook (M26-7). Topic 1, relating to detached improvements and SAH RLC
VA issued Circular 26-26-01, updating the State Fees and Charges Deviations List. Lenders and Servicers are expected to immediately utilize the new VA State Fees
VA issued Circular 26-25-02, issuing procedure for the collection of partial claim funds. Per the Circular, if a VA-guaranteed loan has paid-in-full and a loan
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