Department of Veterans Affairs February 7, 2017 – Federal Register Recent Federal Regulation Documents

Loan Guaranty: Maximum Allowable Attorney Fees
Document Number: 2017-02474
Type: Notice
Date: 2017-02-07
Agency: Department of Veterans Affairs
This notice provides updated information to participants in the Department of Veterans Affairs (VA) Home Loan Guaranty program concerning the maximum allowable bankruptcy attorney fees that are incurred by a servicer for legal services performed on their behalf. The notice also provides the allowable maximum attorney fees in calculating the indebtedness used to determine the guaranty claim payable upon loan termination. The table in this notice contains the amounts the Secretary has determined to be reasonable and customary for all States, following an annual review of amounts allowed by other government-related home loan programs.