VA issued a Servicer Newsflash amending the maximum allowable appraisal fees and foreclosure attorney fees for mortgage servicers. Per the Newsflash, the new maximum allowable
VA increased the maximum allowable liquidation appraisal fees for properties located in Arkansas, Louisiana, Oklahoma and Texas. These changes are reflected on the VALERI Fee
VA increased the maximum allowable liquidation appraisal fees for properties located in Minnesota, Missouri, Nebraska, North Dakota, South Dakota and Wisconsin. VA also updated fees
VA clarifies use of plywood when securing abandoned structures in Ohio. On April 6, 2017, an announcement was made on the servicer calls that the
FHA issued Mortgagee Letter (ML) 2025-14 revising and streamlining policy established in ML 2024-24 (Modernization of Engagement with Borrowers in Default) and providing clarifications to
Hawaii passed a bill amending the state’s nonjudicial power of sale foreclosure laws by adding 2 new sections to Chapter 667 (Foreclosures). Under the bill,
Oklahoma passed a bill amending breach of security requirements. Under the bill, a requirement was added that individuals and entities that own or license personal
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