Archives For: property inspection
VA Extends Suspension of Certain Property Inspection Requirements for Covid-19 Forbearance Cases
VA has extended the temporary suspension of certain property inspections for borrowers who have requested a CARES Act forbearance through Oct. 1, 2022.
25 Jan 2022
VA: Circular 26-20-21: Property Inspection Requirements on CARES Act Forbearance Cases
The U.S. Department of Veterans Affairs (VA) issued a circular clarifying inspection requirements for properties purchased with VA guaranteed loans where the borrowers have been impacted by Coronavirus Disease 2019 (COVID-19).
8 Jun 2020
Freddie Mac: FHLMC Guide Bulletin 2019-12: Servicing Updates
Freddie Mac issued a release containing a number of updates for servicers. Included is a change to deed-in-lieu foreclosure inspection requirements that will become effective on July 15, 2019.
12 Jun 2019
Fannie Mae: Lender Letter LL-2017-07: Reimbursement for Property Inspections and Additional Servicing-Related Reminders
Fannie Mae issued a release providing updates and reminders related to properties impacted by recent hurricanes, including the inspection cost reimbursement process.
21 Sep 2017
Fannie Mae: Property Inspection Types and Forms Tutorial
Fannie Mae announced the availability of a course that provides policy requirements pertaining to property inspection.
9 Nov 2015
Fannie Mae Servicing Guide Announcement SVC-2015-13 Servicing Guide Updates
Fannie Mae released an announcement (revised version) containing a number of Servicing Guide policy changes, including updates to property inspection frequency and lender-placed insurance requirements.
30 Oct 2015