Loan Guaranty: Maximum Allowable Attorney Fees, 48420-48421 [2015-19771]
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48420
Federal Register / Vol. 80, No. 155 / Wednesday, August 12, 2015 / Notices
Approved: August 10, 2015.
Jeffrey M. Martin,
Program Office Manager, Regulation Policy
and Management, Office of General Counsel.
[FR Doc. 2015–19902 Filed 8–11–15; 8:45 am]
BILLING CODE 8320–01–P
DEPARTMENT OF VETERANS
AFFAIRS
Loan Guaranty: Maximum Allowable
Attorney Fees
AGENCY:
Department of Veterans Affairs
(VA).
ACTION:
Notice; correction.
On July 31, 2015, the
Department of Veterans Affairs
published a notice in the Federal
Register providing information to
participants in the Department of
Veterans Affairs (VA) Home Loan
Guaranty program concerning the
maximum attorney fees allowable in
calculating the indebtedness used to
determine the guaranty claim payable
upon loan termination (80 FR 45718).
This notice contained two
administrative errors.
DATES: These corrections will be
effective as of August 12, 2015.
SUMMARY:
In the
Federal Register of July 31, 2015, FR
Doc. # 2015–18762, the table
representing the Secretary’s
determination of the reasonable and
customary cost of legal services needs to
be replaced with the following table:
SUPPLEMENTARY INFORMATION:
VA non-judicial
foreclosure 1 2
Jurisdiction
mstockstill on DSK4VPTVN1PROD with NOTICES
Mr.
Andrew Trevayne, Assistant Director for
Loan and Property Management (261),
Loan Guaranty Service, Department of
Veterans Affairs, Washington, DC
20420, (202) 632–8795 (Not a toll-free
number).
FOR FURTHER INFORMATION CONTACT:
VA judicial
foreclosure 1 2
Deed-in-lieu of
foreclosure
$1325
1600
1350
1400
1350
1650
N/A
N/A
1200
N/A
1325
1600
N/A
1150
N/A
N/A
850
N/A
N/A
N/A
N/A
2400
N/A
1425
1450
1200
1350
1150
1150
1525
1350
N/A
N/A
N/A
N/A
1575
N/A
N/A
N/A
1350
N/A
N/A
1725
N/A
N/A
1200
1325
1350
N/A
N/A
1350
1350
1150
N/A
N/A
N/A
N/A
N/A
N/A
N/A
2450
1800
2300
2800
N/A
N/A
2950
N/A
2300
2050
1880
1800
2250
1900
2300
N/A
2550
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
2975
2000
2675
3475
N/A
1750
2250
2000
2600
2350
2050
N/A
1650
2200
N/A
N/A
N/A
2250
1800
N/A
N/A
N/A
2000
$350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
350
Alabama .......................................................................................................................................
Alaska ..........................................................................................................................................
Arizona .........................................................................................................................................
Arkansas ......................................................................................................................................
California ......................................................................................................................................
Colorado ......................................................................................................................................
Connecticut ..................................................................................................................................
Delaware ......................................................................................................................................
District of Columbia .....................................................................................................................
Florida ..........................................................................................................................................
Georgia ........................................................................................................................................
Guam ...........................................................................................................................................
Hawaii ..........................................................................................................................................
Idaho ............................................................................................................................................
Illinois ...........................................................................................................................................
Indiana .........................................................................................................................................
Iowa .............................................................................................................................................
Kansas .........................................................................................................................................
Kentucky ......................................................................................................................................
Louisiana ......................................................................................................................................
Maine ...........................................................................................................................................
Maryland ......................................................................................................................................
Massachusetts .............................................................................................................................
Michigan .......................................................................................................................................
Minnesota ....................................................................................................................................
Mississippi ....................................................................................................................................
Missouri ........................................................................................................................................
Montana .......................................................................................................................................
Nebraska ......................................................................................................................................
Nevada .........................................................................................................................................
New Hampshire ...........................................................................................................................
New Jersey ..................................................................................................................................
New Mexico .................................................................................................................................
New York—Western Counties 3 ...................................................................................................
New York—Eastern Counties ......................................................................................................
North Carolina ..............................................................................................................................
North Dakota ................................................................................................................................
Ohio .............................................................................................................................................
Oklahoma .....................................................................................................................................
Oregon .........................................................................................................................................
Pennsylvania ................................................................................................................................
Puerto Rico ..................................................................................................................................
Rhode Island ................................................................................................................................
South Carolina .............................................................................................................................
South Dakota ...............................................................................................................................
Tennessee ...................................................................................................................................
Texas ...........................................................................................................................................
Utah .............................................................................................................................................
Vermont .......................................................................................................................................
Virgin Islands ...............................................................................................................................
Virginia .........................................................................................................................................
Washington ..................................................................................................................................
West Virginia ................................................................................................................................
Wisconsin .....................................................................................................................................
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48421
Federal Register / Vol. 80, No. 155 / Wednesday, August 12, 2015 / Notices
VA non-judicial
foreclosure 1 2
Jurisdiction
VA judicial
foreclosure 1 2
Deed-in-lieu of
foreclosure
1150
N/A
350
Wyoming ......................................................................................................................................
1 When
a foreclosure is stopped due to circumstances beyond the control of the holder or its attorney (including, but not limited to bankruptcy,
VA-requested delay, property damage, hazardous conditions, condemnation, natural disaster, property seizure, or relief under the
Servicemembers Civil Relief Act) and then restarted, VA will allow a $350 restart fee in addition to the base foreclosure attorney fee. This fee
recognizes the additional work required to resume the foreclosure action, while also accounting for the expectation that some work from the previous action may be utilized in starting the new action.
2 VA will allow attorney fees of $650 (Chapter 7) or $850 (initial Chapter 13) for obtaining bankruptcy releases directly related to loan termination. For additional requests for relief filed under each bankruptcy chapter, VA will allow an additional $250.
3 Western Counties of New York for VA are: Allegany, Cattaraugus, Chautauqua, Erie, Genesee, Livingston, Monroe, Niagara, Ontario, Orleans, Steuben, Wayne, Wyoming, and Yates. The remaining counties are in Eastern New York.
Second, in the last sentence of the
section of
the published Notice, on page 1,
reference was made to Paragraph
SUPPLEMENTARY INFORMATION
(b)(5)(ii) of section 34.4314. Change this
reference to section 36.4314 vs. 34.4314.
Dated: August 6, 2015.
Michael Shores,
Chief, Impact Analyses, Office of Regulation
Policy & Management, Office of the General
Counsel, Department of Veterans Affairs.
[FR Doc. 2015–19771 Filed 8–11–15; 8:45 am]
mstockstill on DSK4VPTVN1PROD with NOTICES
BILLING CODE 8320–01–P
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12AUN1
]]>Agencies
[Federal Register Volume 80, Number 155 (Wednesday, August 12, 2015)]
[Notices]
[Pages 48420-48421]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-19771]
-----------------------------------------------------------------------
DEPARTMENT OF VETERANS AFFAIRS
Loan Guaranty: Maximum Allowable Attorney Fees
AGENCY: Department of Veterans Affairs (VA).
ACTION: Notice; correction.
-----------------------------------------------------------------------
SUMMARY: On July 31, 2015, the Department of Veterans Affairs published
a notice in the Federal Register providing information to participants
in the Department of Veterans Affairs (VA) Home Loan Guaranty program
concerning the maximum attorney fees allowable in calculating the
indebtedness used to determine the guaranty claim payable upon loan
termination (80 FR 45718). This notice contained two administrative
errors.
DATES: These corrections will be effective as of August 12, 2015.
FOR FURTHER INFORMATION CONTACT: Mr. Andrew Trevayne, Assistant
Director for Loan and Property Management (261), Loan Guaranty Service,
Department of Veterans Affairs, Washington, DC 20420, (202) 632-8795
(Not a toll-free number).
SUPPLEMENTARY INFORMATION: In the Federal Register of July 31, 2015, FR
Doc. # 2015-18762, the table representing the Secretary's determination
of the reasonable and customary cost of legal services needs to be
replaced with the following table:
----------------------------------------------------------------------------------------------------------------
VA non-
judicial VA judicial Deed-in-lieu
Jurisdiction foreclosure 1 foreclosure 1 of
2 2 foreclosure
----------------------------------------------------------------------------------------------------------------
Alabama......................................................... $1325 N/A $350
Alaska.......................................................... 1600 N/A 350
Arizona......................................................... 1350 N/A 350
Arkansas........................................................ 1400 N/A 350
California...................................................... 1350 N/A 350
Colorado........................................................ 1650 N/A 350
Connecticut..................................................... N/A 2450 350
Delaware........................................................ N/A 1800 350
District of Columbia............................................ 1200 2300 350
Florida......................................................... N/A 2800 350
Georgia......................................................... 1325 N/A 350
Guam............................................................ 1600 N/A 350
Hawaii.......................................................... N/A 2950 350
Idaho........................................................... 1150 N/A 350
Illinois........................................................ N/A 2300 350
Indiana......................................................... N/A 2050 350
Iowa............................................................ 850 1880 350
Kansas.......................................................... N/A 1800 350
Kentucky........................................................ N/A 2250 350
Louisiana....................................................... N/A 1900 350
Maine........................................................... N/A 2300 350
Maryland........................................................ 2400 N/A 350
Massachusetts................................................... N/A 2550 350
Michigan........................................................ 1425 N/A 350
Minnesota....................................................... 1450 N/A 350
Mississippi..................................................... 1200 N/A 350
Missouri........................................................ 1350 N/A 350
Montana......................................................... 1150 N/A 350
Nebraska........................................................ 1150 N/A 350
Nevada.......................................................... 1525 N/A 350
New Hampshire................................................... 1350 N/A 350
New Jersey...................................................... N/A 2975 350
New Mexico...................................................... N/A 2000 350
New York--Western Counties \3\.................................. N/A 2675 350
New York--Eastern Counties...................................... N/A 3475 350
North Carolina.................................................. 1575 N/A 350
North Dakota.................................................... N/A 1750 350
Ohio............................................................ N/A 2250 350
Oklahoma........................................................ N/A 2000 350
Oregon.......................................................... 1350 2600 350
Pennsylvania.................................................... N/A 2350 350
Puerto Rico..................................................... N/A 2050 350
Rhode Island.................................................... 1725 N/A 350
South Carolina.................................................. N/A 1650 350
South Dakota.................................................... N/A 2200 350
Tennessee....................................................... 1200 N/A 350
Texas........................................................... 1325 N/A 350
Utah............................................................ 1350 N/A 350
Vermont......................................................... N/A 2250 350
Virgin Islands.................................................. N/A 1800 350
Virginia........................................................ 1350 N/A 350
Washington...................................................... 1350 N/A 350
West Virginia................................................... 1150 N/A 350
Wisconsin....................................................... N/A 2000 350
[[Page 48421]]
Wyoming......................................................... 1150 N/A 350
----------------------------------------------------------------------------------------------------------------
\1\ When a foreclosure is stopped due to circumstances beyond the control of the holder or its attorney
(including, but not limited to bankruptcy, VA-requested delay, property damage, hazardous conditions,
condemnation, natural disaster, property seizure, or relief under the Servicemembers Civil Relief Act) and
then restarted, VA will allow a $350 restart fee in addition to the base foreclosure attorney fee. This fee
recognizes the additional work required to resume the foreclosure action, while also accounting for the
expectation that some work from the previous action may be utilized in starting the new action.
\2\ VA will allow attorney fees of $650 (Chapter 7) or $850 (initial Chapter 13) for obtaining bankruptcy
releases directly related to loan termination. For additional requests for relief filed under each bankruptcy
chapter, VA will allow an additional $250.
\3\ Western Counties of New York for VA are: Allegany, Cattaraugus, Chautauqua, Erie, Genesee, Livingston,
Monroe, Niagara, Ontario, Orleans, Steuben, Wayne, Wyoming, and Yates. The remaining counties are in Eastern
New York.
Second, in the last sentence of the Supplementary Information
section of the published Notice, on page 1, reference was made to
Paragraph (b)(5)(ii) of section 34.4314. Change this reference to
section 36.4314 vs. 34.4314.
Dated: August 6, 2015.
Michael Shores,
Chief, Impact Analyses, Office of Regulation Policy & Management,
Office of the General Counsel, Department of Veterans Affairs.
[FR Doc. 2015-19771 Filed 8-11-15; 8:45 am]
BILLING CODE 8320-01-P
