VA issued Circular 26-23-25 to announce a temporary foreclosure moratorium for borrowers. The Circular strongly encourages servicers to establish a moratorium on initiating, continuing, and/or
VA revised Chapter 7, (Topic 7) of the Lender’s Handbook (M26-7). VA made the following changes: The revisions went into effect July 27, 2023. Click
VA revised chapter 4 of the Lender’s Handbook (M26-7). Chapter 4 (Topic 7) was revised to clarify that: The revisions are effective for all loan
VA extended the foreclosure moratorium for borrowers affected by the Maui wildfires. The foreclosure moratorium is extended through May 31, 2024. Click to view the
VA issued Circular 26-23-12, Change 1, amending COVID-19 Home Retention Waterfall and COVID-19 Refund Modification requirements. Per the Circular, VA amended Section 7(a)(2) of the
VA issued Circular 26-23-19 to amend funding fee exemption determinations and how refund requests should be submitted. The amended procedures are effective October 2, 2023.
VA issued Circular 26-22-16, Change 1, amending the stacking order for files selected for VA Full File Loan Review (FFLR). Per the Circular, VA deleted
VA issued Circular 26-23-16 (Circular), describing measures mortgagees may employ to provide relief to Hawaii home loan borrowers affected by wildfires. The measures include: the
VA issued Circular 26-23-12 to update COVID-19 home retention waterfall and temporary home retention options (loan deferment and COVID-19 refund modification) following the termination of
VA issued Circular 26-23-13 to remove an interior access attempt requirement with respect to liquidation appraisals. Per the Circular, VA removed the requirement that a
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