ÐÏà¡±á > þÿ D F þÿÿÿ C ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿì¥Á W ð¿ È bjbj~Î~Î 0$ ¤Ãe¤Ãe{ L ÿÿ ÿÿ ÿÿ · ¬ ¬ ñ ñ ñ ñ ñ ÿÿÿÿ 8 = , i $ c( & £ £ £ £ × > ) â' ä' ä' ä' ä' ä' ä' $ ‰* ¶ ?- ¬ ( ñ 5 × × 5 5 ( ñ ñ £ £ 4 ( g g g 5 F ñ £ ñ £ â' g 5 â' g g V _# ‡ F$ £ ÿÿÿÿ ù9åFÕ ÿÿÿÿ { X æ# Î' 3( 0 c( ò# T ë- Ó ¬ ë- F$ ë- ñ F$ ˆ 5 5 g 5 5 5 5 5 ( ( è 5 5 5 c( 5 5 5 5 ÿÿÿÿ ÿÿÿÿ ÿÿÿÿ ÿÿÿÿ ÿÿÿÿ ÿÿÿÿ ÿÿÿÿ ÿÿÿÿ ÿÿÿÿ ÿÿÿÿ ÿÿÿÿ ÿÿÿÿ ÿÿÿÿ ÿÿÿÿ ÿÿÿÿ ÿÿÿÿ ÿÿÿÿ ë- 5 5 5 5 5 5 5 5 5 ¬ · : Veterans Benefits Administration VA Pamphlet 26-7, Revised Department of Veterans Affairs Change 33 Washington, D.C. 20420 July 30, 2019 To: Lenders and Other Participants in the VA Home Loan Guaranty Program Subject: Transmittal of VA Lenders Handbook, Chapter 9, Legal Instruments, Liens, Escrows and Related Issues, Revised PurposeAttached is a copy of VA Pamphlet 26-7, Lender’s Handbook, Chapter 9, Legal Instruments, Liens, Escrows and Related Issues, which has been revised in its entirety. ChangesChapter 9 has been revised to reflect updates to VA systems, facilitate expeditious processing of VA-guaranteed loans and incorporate all appropriate Circulars. Key changes include:Chapter 9, Topic 2 states that the Escape Clause must be contained in the sales contract for all VA-guaranteed loans.Chapter 9, Topic 3 describes the requirements under which a beneficial interest in a revocable Family Living Trust will be acceptable to VA. Chapter 9, Topic 3 requires that an individual taking title to a property must sign either the mortgage note or a mortgage deed of trust. Chapter 9, Topic 8 includes a certification that lenders must provide after verifying the Veteran’s status. Chapter 9, Topic 8 confirms that digital signatures are acceptable in accordance with the Electronic Signatures in Global and National Commerce Act, commonly referred to as the E-sign Act.Chapter 9, Topic 10 raises the estimated cost of postponed improvements which may be completed without funds being escrowed from $500 to $2,500. This change is effective 90 days from the date of approval. Additional CopiesAdditional copies may be downloaded at HYPERLINK "https://benefits.va.gov/warms/pam26_7.asp" https://benefits.va.gov/warms/pam26_7.asp. RescissionsChapters 1-9 of the Lenders Handbook cover loan processing topics. All outstanding Circulars have been incorporated into the revised chapters. Once all revised chapters have been released, the outstanding Circulars will be rescinded. Jeffrey F. 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