September 13, 2024By Monica HoganVA Launches Electronic PPM System for LendersThe VA has introduced a new program participation management system for its loan guaranty program.
August 16, 2024By Monica HoganVA Circular Clarifies Loss-Mitigation Guidance Confusion VA wants servicers to immediately stop offering previously outlined loss-mitigation options from Chapter 5 of its servicers’ handbook.
July 5, 2024By Monica HoganVA, Servicers Work Through VASP ImplementationServicers have until Oct. 1 to implement the new VA Servicing Purchase loss-mitigation program. Meanwhile, the House Committee on Veterans’ Affairs introduced legislation to authorize a VA partial-claim loss-mitigation option.