VA issued Circular 26-19-24, updating requirements with respect to loss mitigation letters sent to borrowers. Per the Circular, VA updated language that must be included in the loss mitigation letter to reflect the correct telephone number and email address for VA. VA also provided 3 options lenders and servicers may use to provide VA with confirmation that a loss mitigation letter was sent to the borrower. The updates become effective October 1, 2019.
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
