|
Circulars/News -
FY2008
Important Announcements:
 If you
have been affected by the recent tornados
in the South, the wildfires in Southern
California last fall, or other recent
disasters, please click on
this link
for important information to veteran homeowners.
|
Implementation of Public Law 109-233, Section 101
- Specially Adapted Housing
PDF Documents
- To read PDF
documents, you need a PDF
viewer. Links to viewer
software can be found at this link.
Circular 26-08-7 - May 1, 2008
Allowable attorney fees
and outsourcing
PURPOSE:
The purpose of this circular is to clarify VA’s
position on allowable attorney fees and costs of
outsourcing foreclosure referral and management
services.
Circular 26-08-6 - April 22, 2008
Guidelines for
Processing Share Loans for Cooperative Dwellings
PURPOSE:
Public Law 109-461, the Veterans Benefits, Health
Care, and Information Technology Act of 2006,
authorized the Department of Veterans Affairs (VA)
to guarantee loans made to veterans for the purchase
of stock or membership in cooperative housing
corporations (“co-ops”) to enable veterans to occupy
such co-ops as their residence. VA’s authorization
for this program expires in December 2011. The
purpose of this circular is to provide guidance on
share loans for co-ops.
Circular 26-06-2 -
Change 1 - April 4, 2008
Conveyance of Properties
to VA
PURPOSE:
The purpose of this change is to extend the
rescission date of the basic circular so that
stations continue to provide guidance on VA’s
position with respect to this procedure.
Circular 26-08-5 -
March 12, 2008
Expansion of the Types of Ownership Interests
Permissible Under the Specially Adapted Housing (SAH)
Grant Program
PURPOSE:
This circular announces an expansion of the types of
ownership interests permissible under the Specially
Adapted Housing (SAH) grant program.
Circular 26-08-4 -
February 14, 2008
Temporary
Reduction in the Validity Period on VA Notices of
Value and Master Certificates of Reasonable Value
for Proposed Construction Cases
PURPOSE:
The purpose of this circular is to announce a
temporary reduction in the validity period for VA
Notices of Value (NOV) and Master Certificates of
Reasonable Value (MCRV) for proposed construction
cases. VA will use a 6-month validity period for all
proposed construction cases. This action will result
in the same validity periods for both existing
construction and proposed construction cases.
Circular 26-08-3 -
February 7, 2008
Processing Transfers of
Ownership Under VALERI
PURPOSE:
The purpose of this circular is to explain how to
process transfers of ownership under new VA
regulations, specifically subpart F of part 36 of
Title 38 of the Code of Federal Regulations (CFR),
which establishes the VA Loan Electronic Reporting
Interface (VALERI) environment.
Circular 26-08-2 -
February 5, 2008
Clarifications Regarding
Interest Rate Reduction Refinance Loans in Minnesota
PURPOSE:
The purpose of this circular is to address the
implementation of Minnesota House File No. 1004,
which became effective on August 1, 2007.
Specifically, this circular will explain that
interest rate reduction refinance loans (IRRRLs), if
processed in accordance with VA’s guidelines, will
still be available to veterans in the state of
Minnesota.
Circular 26-08-1 -
February 5, 2008
Allowable Attorney Fees, Claim Time Limits, and New
Liquidation Appraisal Review Authority
PURPOSE:
The purpose of this circular is to announce new
limits on allowable attorney fees, the establishment
of a time limit on the submission of claims under
loan guaranty, and new authority for review of
liquidation appraisals.
Circular 26-07-3 - Change 1 -
January 15, 2008
Appraisal of Proposed or
Under Construction Properties from Model Homes
PURPOSE:
The purpose of this change is to correct a chapter
reference in paragraph 3 of the basic circular.
Circular 26-06-5 - Change
1 -
November 8, 2007
The Veterans Housing Opportunity and Benefits Act of
2006
PURPOSE: The purpose of
this circular is to make a clarification regarding
the maximum loan amounts for Native American Direct
Loans.
Circular 26-05-11 -
Change 1 - October 11, 2007
Claim Adjustment on a Modified Loan
PURPOSE:
The purpose of this change is to extend the
rescission date of the basic circular so that
stations continue to provide guidance on VA’s
position with respect to this procedure.
Circular 26-05-9 -
Change 2 - October 11, 2007
Continued Forbearance on Loans
Affected by Hurricanes Katrina and Rita
PURPOSE:
The purpose of this change is to extend the
rescission date of the basic circular so that
stations continue to provide guidance on VA’s
position with respect to this procedure.
Circular 26-04-9 -
Change 1 - October 11, 2007
New Procedures for Submission of
E-Appraisal Reports
PURPOSE:
The purpose of this change is to extend the
rescission date of the basic circular so that
stations continue to provide guidance on VA’s
position with respect to this procedure.
VALERI
(VA Loan Electronic Reporting Interface)
Previous Circulars
|
