VA issued Circular 26-19-12, requiring lenders to obtain a Certificate of Eligibility (COE) prior to ordering an appraisal. Per the Circular, all cases must have a COE in the “Active or Pending” status before an appraisal can be requested. The Circular went into effect May 16, 2019.
Sign up for mortgage regulatory updates compiled from Fannie Mae, Freddie Mac, FHA, VA, RHS, Individual State Compliance & more. Subscribe to the TENAlert to receive an email notification the same day new updates are posted!
Sign up below to receive regulatory updates from Fannie Mae, Freddie Mac, FHA, individual state compliance and more, delivered right to your inbox.
You will also receive an email with a link to the PDF.
