Mortgage Bankers Association
VARulemakingVA-2022-VBA-0026

AR58-Proposed Rule-Loan Guaranty: Revisions to VA-Guaranteed or Insured Interest Rate Reduction Refinancing Loans

RIN
Last modified
Aug 26, 2024
Comment window
closed 813d ago
Mortgage Bankers Association filings
2

Activity

Mortgage Bankers Association filed 2 comments on this docket between Dec 28, 2022 and May 6, 2024. 1 other organizations filed here. The comment window closed 813d ago.

What Mortgage Bankers Association filed (2)

May 6, 2024· Comment on AR58-SNPRM-Mortgage Bankers Association· VA-2022-VBA-0026-0014

Filed on regulations.gov — full text not in the inline record.

Dec 28, 2022· Comment on AR58-Proposed Rule-Loan Guaranty: Guaranteed or Insured Interest Rate Reduction Refinancing Loans; Mortgage Bankers Association· VA-2022-VBA-0026-0003

Mortgage Bankers Association

Abstract

The Department of Veterans Affairs (VA) proposes to amend its rules on VA-backed interest rate reduction refinancing loans (IRRRLs). The Economic Growth, Regulatory Relief, and Consumer Protection Act and the Protecting Affordable Mortgages for Veterans Act of 2019 outlined the circumstances in which VA may guarantee or insure refinance loans, by setting forth net tangible benefit, recoupment, and seasoning standards. The proposed rule would update VA’s existing IRRRL regulation to current statutory requirements.

View on regulations.gov →
AR58-Proposed Rule-Loan Guaranty: Revisions to VA-Guaranteed or Insured Interest Rate Reduction Refinancing Loans (VA) — Mortgage Bankers Association | OpenPolis