News Sections
ACA Sections
Hot Topics
Property Preservation
Code Compliance
HUD
VA
Freddie Mac
Fannie Mae
Hurricane Katrina
Subscribe

Receive the latest All Client Alerts in your inbox. Click here to subscribe!

RSS Newsfeed
RSS Safeguard's All Client Alerts, delivered to your desktop.
VA St. Petersburg RLC Information Bulletin 26-07-09
Monday, 02 July 2007

The VA St. Petersburg Regional Loan Center released Information Bulletin 26-07-09.

Titled, "Foreclosure Time Frames", this Information Bulletin provides the current VA foreclosure time frames, includes information on when to order appraisals for terminations and when to provide VA with the Status of Loan Account for completing foreclosures in Florida, Alabama, Mississippi, Puerto Rico and the U.S. Virgin Islands.

  • Foreclosure time frames (Effective June 26, 2007).     
    Florida (317) - 180 days from referral to the attorney
    Mississippi (323) - 60 days from referral to the attorney                     
    Alabama (322) -  60 days from referral to the attorney 
    Puerto Rico (355) - 480 days from referral to the attorney
    U.S. Virgin Islands (355) - 480 days from referral to the attorney       

  • When to order the appraisal: 
    Florida  (317) - 30 days prior to sale. 
    Mississippi (323) - 30 days prior to sale.                               
    Alabama (322) - 30 days prior to sale.
    Puerto Rico (355) - 30 days prior to sale.
    U.S. Virgin Islands (355) - 30 days prior to sale.  

  • When to send the VA Form Letter 26-567:
    Florida  (317) - 30 days prior to sale. 
    Mississippi (323) - 30 days prior to sale.                               
    Alabama (322) - 30 days prior to sale.
    Puerto Rico (355) - 30 days prior to sale.
    U.S. Virgin Islands (355) - 30 days prior to sale.          

To view the Bulletin in its entirety, please click here


 

####

Safeguard Properties is the largest privately held field services company in the country. Located in Cleveland, OH  and founded in 1990 by Robert Klein, Safeguard has grown from a regional preservation company with a few employees and a handful of contractors performing services in the Midwest, to a national company with over 425 employees.  Safeguard is supported by a nationwide network of subcontractors able to perform any requested superintendence, preservation, and maintenance functions, as well as numerous ancillary services in the U.S., the Virgin Islands, and Puerto Rico.