Loan Guaranty: Loan Servicing and Claims Procedures Modifications Segment 2 Effective Date
This publication is to serve as notice that on April 18, 2008, Subpart F of Title 38, Code of Federal Regulations, Part 36, will be applicable to industry segment 2. Program participants in the VA Home Loan Guaranty Program's servicing and claims activities were assigned to one of nine industry segments as part of the planned phased implementation of the rules in Subpart F. All program participants were given notice of their respective segments and were afforded opportunity to comment during the regulatory development process (see Supplementary Information section of this notice). Segment 2 participants will be under the authority of Subpart F rules on April 18, 2008. VA continues to work with these participants to ensure that all necessary servicing system modifications, defect corrections, interface testing and data transmission are addressed.