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; Massachusetts; Michigan; Nevada; New Hampshire; New Jersey; New Mexico; New York; Ohio; Pennsylvania; Rhode Island; and Vermont. These changes are reflected on the VALERI Fee Cost Schedule. The increased fees went into effect December 1, 2016.
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
