Date: July 23, 2007
To: All Originating Agents
Subject: Change in Tax Service Fee and VHDA Delegated Closer, Post Closer and Shipping Seminar
The tax service fee charged on VHDA serviced loans closed on or after September 1, 2007 will be reduced to $45.00. The tax service provider will be LandAmerica. As in the past, VHDA will net the tax service fee from the loan proceeds check. Please provide accurate disclosures to borrowers and correct instructions to settlement agents to reduce confusion at closing.
VHDA Delegated Closer, Post Closer and Shipping Seminar is scheduled for Wednesday, October 17, 2007 from 9:30 a.m. until 2:30 p.m. at VHDA. A light lunch will be served. There is no charge for this seminar. Seating is limited. Please register on the VHDA website at http://www.vhda.com/.
If you have any questions regarding the above information, please contact Sheila Pollard at 804-343-5976.