Lending PartnersIncrease in Tax Service Fee

To: VHDA Originating Lenders

Date: April 29, 2003

From: Sheila Pollard

The tax service fee will increase to $55.00 for all loans that are reserved on or after May 1, 2003, and serviced by VHDA. This increase is due to a renewed contract with Transamerica Real Estate Tax Service, a division of Transamerica Corporation.

If you have any questions regarding this increase, please contact Sheila Pollard at sheila.pollard@vhda.com, or call 804-343-5976.


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