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VA RIN: 2900-AR97 Publication ID: Fall 2023 
Title: ●Loan Guaranty: Servicer Regulation Changes 
Abstract:

The Department of Veterans Affairs (VA) is renaming and clarifying certain loss-mitigation terms used in VA’s regulations. VA is amending these changes to align the names and definitions with their general use in the housing finance industry. VA believes that these revisions would help avoid confusion and enable servicers and veterans to address loan defaults more quickly and effectively.

 
Agency: Department of Veterans Affairs(VA)  Priority: Substantive, Nonsignificant 
RIN Status: First time published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: 38 CFR 36.4317    38 CFR 36.4315   
Legal Authority: 38 U.S.C. 501    5 U.S.C. 601-612   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  07/20/2023  88 FR 46720   
NPRM Comment Period End  09/18/2023 
Final Action  06/00/2024 
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:
Stephanie Li
Chief, Regulations Staff (211D), Loan Guaranty Service
Department of Veterans Affairs
Veterans Benefits Administration, 810 Vermont Avenue NW,
Washington, DC 20420
Phone:202 461-9700
Email: stephanie.li@va.gov