Tagged: U.S. Department of Veterans Affairs (VA)

Applications fell 5.7% annually in July, while government-backed mortgages accounted for half of builder-affiliated loan volume

The agency’s first nonperforming-loan offering in 13 months transfers 969 deeply delinquent mortgages to private buyers, including a small pool concentrated in Dallas-Fort Worth

Veterans United survey finds 43% of military-affiliated prospective buyers plan to purchase within six months, compared with 22% of civilians

The servicer activated the VA’s new loss-mitigation waterfall nearly four months early, offering relief as delinquencies rise among recent VA borrowers

VA lenders and servicers have until Nov. 28 to implement the new loss mitigation waterfall and Partial Claim Program

The mortgage servicer can initially issue up to 1,000 eNotes and manage digital collateral for other Ginnie Mae issuers

Trade group says the loss of experienced Rural Housing Service staff could complicate delegated underwriting, lender onboarding, and program guidance

New data standards aim to streamline Certificate of Eligibility requests, reduce manual processing and speed VA loan originations

New program aims to address persistent confusion around VA loan eligibility, entitlement restoration, and home financing options

New loss mitigation option allows struggling borrowers to bring mortgages current without increasing monthly payments