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| VA | RIN: 2900-AP53 | Publication ID: Fall 2015 |
| Title: ●Proposed Rule: Loan Guaranty: Amendments to Residual Income Guidelines | |
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Abstract:
VA Loan Guaranty Service proposes to amend its governing regulations regarding the residual income guidelines used to underwrite VA to provide that, from time to time, as VA determines that it is necessary to amend these guidelines, VA will publish a Notice in the Federal Register updating the residual income guidelines lenders are required to use to determine the adequacy of the veteran’s monthly residual income. |
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| Agency: Department of Veterans Affairs(VA) | Priority: Substantive, Nonsignificant |
| RIN Status: First time published in the Unified Agenda | Agenda Stage of Rulemaking: Long-Term Actions |
| Major: Undetermined | Unfunded Mandates: No |
| CFR Citation: Not Yet Determined (To search for a specific CFR, visit the Code of Federal Regulations.) | |
| Legal Authority: Not Yet Determined | |
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Legal Deadline:
None |
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Timetable:
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| Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
| Small Entities Affected: No | Federalism: No |
| Included in the Regulatory Plan: No | |
| RIN Data Printed in the FR: No | |
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Agency Contact: John Bell III Assistant Director for Loan Policy and Valuation (262) Department of Veterans Affairs 810 Vermont Avenue NW., Washington, DC 20420 Phone:202 632-8786 Email: john.bell2@va.gov |
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