source:
  type: regulation
  id: va-m26-7-ch13
  authority: "VA Lender Handbook M26-7 Chapter 13 — Notices of Value"
  description: 'VA Pamphlet 26-7 Chapter 13 governs the Notice of Value (NOV).

    '
obligations:
- id: va-m26-7-ch13-nov-issuance-5-business-days
  canonical_id: va-m26-7-ch13-nov-issuance-5-business-days
  section: "VA M26-7 Ch. 13 — NOV Timeliness Expectation"
  description: '[UNDERWRITER]''s Staff Appraisal Reviewer (SAR) must issue the Notice

    of Value within five business days from the time the completed

    appraisal is uploaded into WebLGY, unless there is a delay beyond

    the SAR''s control. Any delays should be explained in WebLGY notes.

    '
  type: do
  audit_question: For every VA appraisal completed and uploaded to WebLGY, can [UNDERWRITER] evidence that the SAR issued the NOV within five business days, OR that any longer interval is explained in WebLGY notes as a delay beyond the SAR's control?
  workflow_phase: origination
  owner_role: underwriter
  secondary_owner_role: compliance_officer
  cadence: per_loan
  consequence: ''
  tags:
  - round-b
  - regulator-direct
  - va
  - m26-7
  - ch13
  - nov
  - sar-timeliness
  - promoted
  primary_source:
    tier: 1
    authority: "VA Lender Handbook M26-7 Chapter 13 — Notices of Value"
    source_class: va-handbook-m26-7
    source_url: https://benefits.va.gov/WARMS/M26_7.asp
    snapshot_id: 7bf94e7ed62e01fb
    fetched_at: '2026-05-23T01:50:00Z'
    content_hash: sha256:5b3ac5aae82a9e7a96541d2a367f66087cccf6e9745e4e093a3d5adf63582332
    paragraph_quote: 'The SAR must issue the NOV within five business days from the time the '
    drafter_attestation: "Copied verbatim from VA Handbook snapshot 7bf94e7ed62e01fb (M26-7 Ch. 13 — NOV 5-day timeliness) at 2026-05-23. Source PDF retrieved via Wayback Machine."
  promoted_at: '2026-05-23T02:13:14+00:00'
  promoted_from: va-m26-7-ch13-roundb-v1.yaml
  program_review: Does the program track the NOV-issuance clock so the SAR issues the NOV within five business days of the completed appraisal being uploaded to WebLGY, with any longer interval explained in WebLGY notes as a delay beyond the SAR's control?
  file_review: Spot-check uploaded appraisals; confirm NOV issuance within five business days or a documented beyond-SAR-control delay note.
  judgment: false
- id: va-m26-7-ch13-nov-to-veteran-same-day
  canonical_id: va-m26-7-ch13-nov-to-veteran-same-day
  section: "VA M26-7 Ch. 13, Topic, Subsection j — NOV Provided to Veteran Same Day"
  description: 'The same day the NOV is issued, [UNDERWRITER]''s SAR must send the

    Veteran a copy of the NOV together with a copy of the appraisal

    report.

    '
  type: do
  audit_question: For every NOV [UNDERWRITER]'s SAR issued, can [UNDERWRITER] evidence that the Veteran was sent both the NOV and a copy of the appraisal report on the same day the NOV was issued?
  workflow_phase: origination
  owner_role: underwriter
  secondary_owner_role: loan_officer
  cadence: per_loan
  consequence: ''
  tags:
  - round-b
  - regulator-direct
  - va
  - m26-7
  - ch13
  - nov
  - veteran-notice
  - promoted
  primary_source:
    tier: 1
    authority: "VA Lender Handbook M26-7 Chapter 13 — Notices of Value"
    source_class: va-handbook-m26-7
    source_url: https://benefits.va.gov/WARMS/M26_7.asp
    snapshot_id: 7bf94e7ed62e01fb
    fetched_at: '2026-05-23T01:50:00Z'
    content_hash: sha256:5b3ac5aae82a9e7a96541d2a367f66087cccf6e9745e4e093a3d5adf63582332
    paragraph_quote: 'The same day the NOV is issued, the SAR must send the Veteran a copy of '
    drafter_attestation: "Copied verbatim from VA Handbook snapshot 7bf94e7ed62e01fb (M26-7 Ch. 13, Topic j — NOV to Veteran same day) at 2026-05-23. Source PDF retrieved via Wayback Machine."
  promoted_at: '2026-05-23T02:13:14+00:00'
  promoted_from: va-m26-7-ch13-roundb-v1.yaml
  program_review: Does the program ensure the SAR sends the Veteran the NOV and a copy of the appraisal report the same day the NOV is issued?
  file_review: Spot-check issued NOVs; confirm same-day delivery of the NOV and appraisal copy to the Veteran.
  judgment: false
- id: va-m26-7-ch13-verify-flood-zone-information
  canonical_id: va-m26-7-ch13-verify-flood-zone-information
  section: "VA M26-7 Ch. 13, Appendix A, Item 6 — Flood Insurance / Lender Flood-Zone Verification"
  description: 'If improvements on the security property are located in a FEMA

    Special Flood Hazard Area, flood insurance is required, and

    [UNDERWRITER] must verify flood zone information provided on an

    appraisal report.

    '
  type: do
  audit_question: "For every VA loan, can [UNDERWRITER] evidence independent verification of the flood-zone information presented on the appraisal report (e.g., flood determination certification), and — for SFHA-located improvements — flood insurance in force?"
  workflow_phase: origination
  owner_role: underwriter
  secondary_owner_role: closer
  cadence: per_loan
  consequence: ''
  tags:
  - round-b
  - regulator-direct
  - va
  - m26-7
  - ch13
  - flood-zone
  - lender-verification
  - promoted
  primary_source:
    tier: 1
    authority: "VA Lender Handbook M26-7 Chapter 13 — Notices of Value"
    source_class: va-handbook-m26-7
    source_url: https://benefits.va.gov/WARMS/M26_7.asp
    snapshot_id: 7bf94e7ed62e01fb
    fetched_at: '2026-05-23T01:50:00Z'
    content_hash: sha256:5b3ac5aae82a9e7a96541d2a367f66087cccf6e9745e4e093a3d5adf63582332
    paragraph_quote: 'Hazard Area, flood insurance is required. The lender must verify flood zone information provided on an '
    drafter_attestation: "Copied verbatim from VA Handbook snapshot 7bf94e7ed62e01fb (M26-7 Ch. 13, App. A, Item 6 — Lender flood zone) at 2026-05-23. Source PDF retrieved via Wayback Machine."
  promoted_at: '2026-05-23T02:13:14+00:00'
  promoted_from: va-m26-7-ch13-roundb-v1.yaml
  program_review: Does the program ensure independent verification of the flood-zone information on the appraisal report (e.g., flood determination), with flood insurance in force where SFHA improvements are present?
  file_review: Spot-check files; confirm independent flood-zone verification and, for SFHA improvements, flood insurance in force.
  judgment: false
_promotion_history:
- promoted_at: '2026-05-23T02:13:14+00:00'
  candidate_path: obligations\_remediation\_round_b_drafts\va-m26-7-ch13-roundb-v1.yaml
  candidates_promoted: 3
  candidates_skipped_existing: 0
