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. Circular 26-22-12 is rescinded immediately.
Click to view the VA Circular 26-23-19: https://www.tenaco.com/wp-content/uploads/2023/10/VA-Circular-26-23-19-10-02-23.pdf
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VA issued Circular 26-24-08 to offer a 40-Year Loan Modification option to assist borrowers in reaching an affordable payment in the current environment of rising
Freddie Mac issued Bulletin 2024-05 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac updated Exhibit 93 (Evaluation Notices) to remove
VA revised chapter 9 of the Servicer’s Handbook (M26-4). Chapter 9 was retitled from “Refunds” to “VA Purchase”. Sections 9.01 and 9.02 were also updated
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