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VA RIN: 2900-AR78 Publication ID: Fall 2023 
Title: Loan Guaranty: Loss-Mitigation Options for Guaranteed Loans 
Abstract:

The Department of Veterans Affairs (VA) Loan Guaranty Service (LGY) is proposing changes to VA’s incentivized loss mitigation options available to servicers that assist veterans whose VA-guaranteed loans are in default. Current options include repayment plans, special forbearance, loan modification, compromise sale, deed in lieu of foreclosure, and loan refunding.

 
Agency: Department of Veterans Affairs(VA)  Priority: Other Significant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Proposed Rule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: 38 CFR 36.4319   
Legal Authority: Not Yet Determined   
Legal Deadline:  None
Timetable:
Action Date FR Cite
ANPRM  10/17/2022  87 FR 62752   
ANPRM Comment Period End  01/17/2023 
NPRM  10/00/2024 
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:
Andrew Trevayne
Assistant Director for Loan and Property Management (261)
Department of Veterans Affairs
810 Vermont Avenue NW,
Washington, DC 20420
Phone:202 632-8795
Email: andrew.trevayne@va.gov