VA lenders and servicers have until Nov. 28 to implement the new loss mitigation waterfall and Partial Claim Program
Tagged: U.S. Department of Veterans Affairs (VA)
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
Rocket Mortgage finds many military borrowers unaware of zero-down and no-PMI advantages
Former Be My Neighbor co-founder and Vetted VA advocate will scale VA lending at NEXA as the brokerage already outpaces the market with 11.5% of production in VA loans
Delegated underwriting and new borrower portal aim to speed closings, reduce friction, and expand access to credit without changing program rules
VA Form achieves "Candidate Recommendation" status, signaling readiness for industry-wide adoption as three-phase modernization effort nears completion