Mortgage groups press VA for changes to proposed loss mitigation rules
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
Mortgage groups are seeking changes to the proposed loss mitigation rules from the VA. The VA has released updated policies, including a partial claim program, which has been finalized and is intended to help veterans avoid foreclosure. However, the impact and reception of these policies appear to be mixed, with some groups praising the changes and others, including mortgage trade groups, urging revisions.
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