VA increased the maximum allowable bankruptcy attorney fees for legal services performed on a servicer’s behalf. VA will now allow attorney fees of $1050 (Chapter
VA issued Circular 26-17-02 (Circular), clarifying and explaining new policy with respect to student loans and the underwriting of a VA home loan. The Circular
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
VA extended the rescission date of Circular 26-14-35. The rescission date of Circular 26-14-35 has been extended to January 1, 2018. Click here to view
VA extended the rescission date of Circular 26-14-22. The rescission date of Circular 26-14-22 has been extended to October 1, 2017. Click here to view
VA revised chapters 4, 5, 7, 8, 9, 10, 11, 12, 14, 15 and Appendix B, E, G and H of the Servicer Handbook (M26-4).
VA extended the rescission date of Circular 26-13-13. The rescission date of Circular 26-13-13 has been extended to January 1, 2019. Click here to view
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;
VA announced the county loan limits for 2017. The 2017 effective county loan limits are posted at: http://www.benefits.va.gov/homeloans/purchaseco_loan_limits.asp. The 2017 county loan limits do NOT
VA revised chapter 21 of the Servicer Handbook (M26-4). Chapter 21 was revised to address VA guaranteed home loans affected by a Federal Emergency Management
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