Tag: income verification

VA Covid19 Guidance – Important Update for Underwriting and Appraisals

Written by:  Tracey Rumsey, Staff Writer VA Issued Circulars 26-20-10 and 26-20-11 regarding guideline flexbilities during Covid19. Circulars are linked below and can also be found under our Agency & Bulletins Page in the Category of VA. Our VA Expert has reviewed the Circulars and is issuing a bullet point summary for each of them […]

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FHA Mortgagee Letter 2019-1, Third Party Verification Services, February 15, 2019, Effective February 15, 2019

Written By: Tracey Rumsey, Staff Writer It’s always nice to receive clarification on a subject versus just hoping that you’re right.  This is an important read if you use third-party verification services. Rule Synopsis: In a future 4000.1 Handbook revision, FHA will provide clarification regarding the use of Third-Party Verification contractor services in order to […]

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