VA issued Circular 26-16-14 (Circular). This Circular clarifies the documents required to provide clear and marketable title for properties conveyed to the Department of Veterans Affairs (for every state and territory in the U.S.).
FHA
FHA Updates Home Equity Conversion Mortgage Acceptable Monetary Investment Funding Sources
FHA issued Mortgagee Letter 2024-06, updating acceptable funding sources for satisfying a borrower’s monetary investment related to HECM for Purchase transactions. Per the Mortgagee Letter
April 29, 2024
