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VA | RIN: 2900-AQ42 | Publication ID: Spring 2020 |
Title: Loan Guaranty: Revisions to VA-Guaranteed or Insured Cash-Out Home Refinance Loans | |
Abstract:
The Department of Veterans Affairs (VA) amends its regulations governing cash-out refinance loans. This final rule defines the parameters of when VA will permit cash-out refinance loans, to include defining net tangible benefit, recoupment, and seasoning requirements. |
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Agency: Department of Veterans Affairs(VA) | Priority: Other Significant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Final Rule Stage |
Major: Yes | Unfunded Mandates: No |
EO 13771 Designation: Fully or Partially Exempt | |
CFR Citation: 38 CFR 36 | |
Legal Authority: Pub. L. 115-174, sec. 309 38 U.S.C. 3703 and 3710 |
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 Information URL: www.regulations.gov | |
RIN Data Printed in the FR: No | |
Agency Contact: Greg Nelms Supervisor Department of Veterans Affairs 810 Vermont Avenue NW, Washington, DC 20420 Phone:202 632-8978 Email: gregory.nelms@va.gov |