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 VALERI Fee Cost Schedule was revised to reflect the new Ohio state law banning the use of plywood in securing abandoned structures. It has since been determined that plywood is only banned on vacant and abandoned properties in expedited foreclosures. The VALERI Fee Cost Schedule has been updated accordingly.
FHA
FHA Revises and Streamlines Policy Established in Mortgagee Letters 2024-24 and 2025-12
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
June 4, 2025
